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Millions of job openings, so why aren’t companies hiring?
Yahoo Finance ^ | 9-4-2014

Posted on 09/06/2014 9:18:57 AM PDT by Citizen Zed

Even though there were 4.7 million jobs openings in June, the most since 2001, employers are waiting longer to fill them than they have in more than a decade, according to an index created by University of Chicago economist Steven Davis.

It's taking 25 working days on average to fill vacancies, a 13-year high, according to the Dice-DFH Vacancy Duration Measure. And for companies with 5,000 employees or more, it's taking more than twice that long -- an average of 58.1 working days.

In the accompanying video, Davis points to a few key reasons that could explain why. "The economy remains pretty sluggish, so employers don't feel desparate," he tells us. And second, he points to "anecdotal evidence that employers are relying on social media [e.g. LinkedIn] and job banks to identify attractive candidates who are already employed and not actively looking, so that makes for a longer courtship process ... hence it takes longer to fill the job openings they have."

(Excerpt) Read more at finance.yahoo.com ...


TOPICS: Chit/Chat
KEYWORDS: unemployment
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To: Citizen Zed

Well this is clearly Bush’s fault © ™ ®, just another thorn in the crown President FUBAR has to endure because the racists, Fox News homophobes under orders of the evil Koch brother’s have decided to despoil our Nobel Laureate in his dreams to give free medical care to everyone north of the Equator.


21 posted on 09/06/2014 10:05:34 AM PDT by Larry381 (In a time of universal deceit, telling the truth is a revolutionary act)
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To: Citizen Zed

The are a fair amount of companys that run ads full time because their turnover is massive.


22 posted on 09/06/2014 10:07:03 AM PDT by right way right (America has embraced the suck of Freedumb.)
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To: Citizen Zed
1/2 of the jobs Obama created

Actually, about all the jobs created went to non-citizens.

23 posted on 09/06/2014 10:08:40 AM PDT by sr4402
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To: Bryanw92

I agree with you.

Now a days, they ask person should be expert in front end, backend, middleware, QA, SQl, NOSQL, Mysql, Unix, Linux, iOS... Full stack.

I have seen same job ads for last 6 months +

When I get a call with above requirement, I tell them look for God , I am humble human.


24 posted on 09/06/2014 10:15:59 AM PDT by jennychase
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To: Bryanw92
yup, i do my job, the job of somebody never replaced, and ~1/2 the job of two people that still work there fixing their mistakes... the only saving grace is my boss NEVER bats an eye when i say i'm working overtime, sometimes till 7:30 or 8:00
25 posted on 09/06/2014 10:16:30 AM PDT by Chode (Stand UP and Be Counted, or line up and be numbered - *DTOM* -vvv- NO Pity for the LAZY - 86-44)
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To: bestintxas
I now work retail part-time and this by choice. I'm always amazed at the vast turnover of young people who have no incentive to "work". They think they're doing a company a favor by just showing up...when they do.

Mentioning also what they wear to work is more like a circus side show! ..and no wonder companies are beginning to require specific dress codes. You wouldn't believe what these young people think is acceptable dress for work!

Gal showing up for Interview


26 posted on 09/06/2014 10:43:34 AM PDT by caww
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To: Chode

>>the only saving grace is my boss NEVER bats an eye when i say i’m working overtime, sometimes till 7:30 or 8:00

Same here. In my group of 5 SCADA techs, we worked a total of just over 3500 hours of OT last year and are on track to beat that this year.

At some point, “more OT” is just not a good thing.


27 posted on 09/06/2014 10:51:24 AM PDT by Bryanw92 (Sic semper tyranni)
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To: Bryanw92

“True. Virtually all employers these days are looking for 100% qualified candidate with years of experience, who can do two distinct jobs previously held by three or more people, and they want to pay that person less than they used to pay any of the three they let go in 2009. Oh, that and a degree.”

And that’s for an entry-level job, of course. At least, that’s the impression I got when I was looking for work last year.

Thankfully, I found a position with a local organization that actually *gasp* gave me some room to grow into my responsibilities. Imagine that!


28 posted on 09/06/2014 10:51:42 AM PDT by Cato in PA (Resist!)
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To: caww

At least she was there at the crack of dawn...


29 posted on 09/06/2014 11:02:24 AM PDT by Delta Dawn (Fluent in two languages: English and cursive.)
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To: Bryanw92
i hear ya... i'll never have to put in those kinds of hours but the extra jing i do make comes in handy
30 posted on 09/06/2014 11:03:30 AM PDT by Chode (Stand UP and Be Counted, or line up and be numbered - *DTOM* -vvv- NO Pity for the LAZY - 86-44)
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To: Cato in PA

>>And that’s for an entry-level job, of course. At least, that’s the impression I got when I was looking for work last year.

My wife discovered that too. She got laid off, went to college to get a degree in Health Care Administration, specializing in Coding and Billing. She got dual-certified in addition to earning the AS. When she went to find work, she was asked to do the coding and billing, as well as being the receptionist and office manager. Then, they asked if she would mind going to school at night (at her expense) to learn how to be an MA so she could do patient input (since they got rid of all their nurses and replaced them with MAs, and then wouldn’t hire a person who was only an MA).

For this, she was offered $14/hr. She took it, and when they found out that she wasn’t enrolled in MA school they fired her. But, she did eventually find a job doing coding at $13.50/hr so everything worked out. But, as you can see a minimum wage increase would affect her just as much as it would affect the unskilled worker. They’d probably give her the extra $1.50 and then cut her benefits to cover it. No net increase for us, but higher taxes to pay.


31 posted on 09/06/2014 11:05:56 AM PDT by Bryanw92 (Sic semper tyranni)
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To: skeeter

>>How does one count a ‘job opening’ that a company is not attempting or willing to fill?

The same way you lose a $25/hr manufacturing job and replace it with an $9/hr call center job and call it “no net job loss”. All of our intuitions that we used to trust in the country are lying to us. All of them. Not just the government or the media.


32 posted on 09/06/2014 11:07:56 AM PDT by Bryanw92 (Sic semper tyranni)
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To: Citizen Zed

They are fake openings, for companies to show (by law) there are no ‘qualified’ workers. Then they can hire overseas.


33 posted on 09/06/2014 11:17:50 AM PDT by sunrise_sunset
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To: Citizen Zed

outside of a few very specialized areas (certain computer programming things, nursing)
there are mostly only retail clerking jobs on offer

(and the nursing jobs are slowing down with Obamacare on the horizon, as the hospitals and nursing homes are cutting back staff to try to get their costs down to the O-care reimbursement levels)


34 posted on 09/06/2014 11:19:21 AM PDT by faithhopecharity ((Brilliant, Profound Tag Line Goes Here, just as soon as I can think of one..) n)
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To: Citizen Zed

Welfare recipients can get upwards of $54,000 to $60,000 and even more if they claim dependents if they “work” the system. So are they going to go get a job for less or stay on the EBT?


35 posted on 09/06/2014 11:26:45 AM PDT by fella ("As it was before Noah so shall it be again,")
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To: B212

I bet that guy is really something in person.

I feel sorry for him. Looks like he has lots of personality problems.


36 posted on 09/06/2014 11:51:41 AM PDT by upchuck (It's a shame nobama truly doesn't care about any of this. Our country, our future, he doesn't care.)
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To: B212

I bet that guy is really something in person.

I feel sorry for him. Looks like he has lots of personality problems.


37 posted on 09/06/2014 11:51:43 AM PDT by upchuck (It's a shame nobama truly doesn't care about any of this. Our country, our future, he doesn't care.)
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To: upchuck

If they are bringing on board 2000 in So Cal they must be opening a lot Food for Less stores, they have been closing Ralphs (very expensive)


38 posted on 09/06/2014 1:04:52 PM PDT by DAC21
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To: Bryanw92; proxy_user

Hear hear. “We’re Looking For A Superstar!” always means either H1B visa fraud or the HR equivalent of a starry-eyed 14-year old describing her perfect man.

I’ve come to conclude that the current thought must be that hiring one guy for $100K who meets all of the dozen “must have experience in” requirements instead of two guys at $50K who each meet half or more of the requirements means only one paid vacation, one health insurance plan, one retirement plan, etc., instead of two.


39 posted on 09/06/2014 2:07:59 PM PDT by jiggyboy
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To: F15Eagle

They might very well go out of business before they deign to hire their perfect Mystery Date. I’ve seen that many times from both inside and outside a company.


40 posted on 09/06/2014 2:10:00 PM PDT by jiggyboy
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