The Takers VS the Makers.
It’s gonna be a good one that’s for sure.
JOLTS - There were 3.4 People Looking for a Job for each
Position Available in September 2012
Submitted by Robert Oak on Tue, 11/06/2012 - 16:27
The BLS September JOLTS report, or Job Openings and Labor Turnover Survey shows there are 3.4* official unemployed per job opening. Opportunities, actual hires and layoffs were all down, showing a stagnant, dead pool job market. While openings decreased by -2.7%, actual hires declined by -5.7%. There were 3,561 million job openings for September, a -2.7% decrease from the previous month of 3,661,000. Openings are still way below pre-recession levels of 4.7 million. Job openings have increased 63% from their August 2009 Mariana Trench trough, yet real hiring is a distant memory and has only increased 14% from June 2009. There were 1.8 persons per job opening at the start of the recession, December 2007. Below is the graph of official unemployed, 12.088 million, per job opening.
Bloomberg News
Drop in U.S. Job Openings Shows Uneven Labor Market
By Alex Kowalski on November 06, 2012
Job openings in the U.S. dropped to a five-month low in September, signaling uneven progress in the labor market may extend through year-end.
The number of positions waiting to be filled declined by 100,000 to 3.56 million from the prior month, the Labor Department said today in a statement.