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The U.S. had more job openings this spring than unemployed Americans.
For the first time since such record-keeping began in 2000, the number of available positions exceeded the number of job seekers, the Labor Department said Tuesday, a shift that is rippling across the economy and affecting the behavior of employers and workers.
U.S. job openings rose to a seasonally adjusted 6.7 million at the end of April, a record high, and more than the 6.3 million Americans who were unemployed during the month. Openings had exceeded the available labor pool beginning in March, according to revised figures released Tuesday.
originally posted by: sine.nomine
It probably has a lot to do with baby boomers entering retirement.
originally posted by: olaru12
And crops are rotting in the field because all the cheap labor has been deported....
How much inflation are you willing to take?
www.nbcnews.com...
Demand-pull inflation occurs when aggregate demand for goods and services in an economy rises more rapidly than an economy's productive capacity. One potential shock to aggregate demand might come from a central bank that rapidly increases the supply of money.
How are JOLTS data collected?
The JOLTS program collects data once a month from selected establishments - stores, offices, factories, and other employers. Initially, data are collected using Computer-Assisted Telephone Interviewing (CATI), and later using web collection. Respondents in CATI collection are called by Data Collection Center interviewers who enter data directly into a computer. Respondents are in CATI collection for the first six months they are in the sample. Respondents assigned to web collection, having first responded for six months in CATI, enter their data on-line at their convenience.
NEW JOLTS Basic Data Collection Form (PDF 24K)
How does JOLTS collect information on employees of temporary help agencies and professional employer organizations?
Data for these employees are collected when units in the industry (NAICS 561320—Temporary Help Services and NAICS 561330—Professional Employer Organizations) are sampled. These units receive a special survey form with instructions that address industry-specific issues.
NEW JOLTS Temporary Help/Professional Employer Organization Industry Data Collection Form (PDF 23K)
How does JOLTS collect information on employees of education establishments?
Data for these employees are collected when units in the industry (NAICS Sector 61—Educational Services) are sampled. These units receive a special survey form with instructions that address industry-specific issues.
NEW JOLTS Education Industry Data Collection Form (PDF 23K)
originally posted by: Metallicus
a reply to: olaru12
I wondered how you libs would spin this into something bad. You all are so predictable. Too many jobs is bad in the world of the Progressive. Tragic.