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Job competition toughest since recession began (6.3 people for 1 job opening)
AP ^ | 10/09/09 | CHRISTOPHER S. RUGABER

Posted on 10/09/2009 10:18:59 PM PDT by TigerLikesRooster

Job competition toughest since recession began

By CHRISTOPHER S. RUGABER, AP Economics Writer

Fri Oct 9, 8:03 pm ET

/snip

There are about 6.3 unemployed workers competing, on average, for each job opening, a Labor Department report shows. That's the most since the department began tracking job openings nine years ago, and up from only 1.7 workers when the recession began in December 2007.

The highest point after the 2001 recession was 2.8 workers per opening in July 2003, as the economy suffered through a jobless recovery.

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


TOPICS: Business/Economy; News/Current Events
KEYWORDS: jobopening; recession; unemployment

1 posted on 10/09/2009 10:19:00 PM PDT by TigerLikesRooster
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To: TigerLikesRooster; PAR35; AndyJackson; Thane_Banquo; nicksaunt; MadLibDisease; happygrl; ...

Ping!


2 posted on 10/09/2009 10:19:32 PM PDT by TigerLikesRooster (LUV DIC -- L,U,V-shaped recession, Depression, Inflation, Collapse)
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To: TigerLikesRooster

I guess they didn’t hear about the recovery.


3 posted on 10/09/2009 10:29:59 PM PDT by Pelham (Amnesty for Illegals, a bipartisan goal of the Stupid Party and the Evil Party)
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To: Pelham

6.3 green shoots for every pot!


4 posted on 10/09/2009 11:04:45 PM PDT by Gnomad
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To: TigerLikesRooster

No problem, next years tax increase will cure this...


5 posted on 10/09/2009 11:16:42 PM PDT by JohnLongIsland
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To: TigerLikesRooster

Huh? Wait a minute - according to every media outlet in America, Obama’s fixed the economy and we’re on the high road to recovery...


6 posted on 10/10/2009 2:07:52 AM PDT by Jack Hammer (w)
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