Job Openings At Highest Since 2001
Job openings in the United States touched their highest level in more than 13 years in August, according to data released by the U.S. Department of Labor on Tuesday. However, the number of people hired in August fell. According to Tuesday’s report, which is known as the Job Openings and Labor Turnover survey, there were 4.8…
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6 responses to Job Openings At Highest Since 2001
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SteveD October 8th, 2014 at 15:40
Jobs are just barely keeping up with population growth- 59% three months in a row, not at all a recovery as compared to prior cycles. The extra jobs are from underestimating population growth!
http://research.stlouisfed.org/fred2/series/EMRATIO
http://research.stlouisfed.org/fred2/series/CIVPART/
arc99 October 8th, 2014 at 17:43
According to the charts you reference, the highest civilian workforce to population ration was just over 64% in the late 1990’s.
The current 59% ration comes after several years of emphasis on cutting government spending. Cutting government spending means reducing the number of government jobs, which means reducing the number of people working.
If you are going to compare the current numbers to prior cycles, then a truly accurate measure would be to factor in government layoffs (federal, state and local) over the past four years
SteveD October 8th, 2014 at 15:40
Jobs are just barely keeping up with population growth- 59% three months in a row, not at all a recovery as compared to prior cycles. The extra jobs are from underestimating population growth!
http://research.stlouisfed.org/fred2/series/EMRATIO
http://research.stlouisfed.org/fred2/series/CIVPART/
arc99 October 8th, 2014 at 17:43
According to the charts you reference, the highest civilian workforce to population ration was just over 64% in the late 1990’s.
The current 59% ration comes after several years of emphasis on cutting government spending. Cutting government spending means reducing the number of government jobs, which means reducing the number of people working.
If you are going to compare the current numbers to prior cycles, then a truly accurate measure would be to factor in government layoffs (federal, state and local) over the past four years
mea_mark October 8th, 2014 at 16:02
If job openings keep going up faster than people taking jobs, people that have dropped out of the labor pool might start getting back in.
mea_mark October 8th, 2014 at 16:02
If job openings keep going up faster than people taking jobs, people that have dropped out of the labor pool might start getting back in.