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April JOLTS Shows Job Openings Strong While Hiring Slides

The BLS April 2016 JOLTS report shows job openings once again matching their July 2015 record high.  Actual hiring though slid and openings now far exceed the number of people hired.  The Job Openings and Labor Turnover Survey history shows a new trend as job openings have surpassed actual hiring and this has been going on since February 2015.

JOLTS Shows Job Hiring Strong

The BLS February 2016 JOLTS report shows very high job openings once again.  Job openings have more than recovered from the recession and now job openings are greater than the number of new hires.  Actual hiring has also reached prerecession levels and is at a nine year high.  The Job Openings and Labor Turnover Survey shows there are now 1.4 official unemployed per job opening for February 2016.

The ADP Employment Report Defies Recent Economic Trends

ADP's proprietary private payrolls jobs report gives a monthly gain of 182,000 private sector jobs for October 2015.  Manufacturing jobs though are not good with another -2,000 reported lost.  Construction on the other hand really grew with 35,000 jobs gained.  The goods sector overall had the best month since last January.

Job Openings at Record, Hires Not So Much

The BLS JOLTS report shows once again record high job openings.  While Wall Street cheers and proclaims the long bad jobs market over, not so fast.  Actual hiring still has not recovered to even the 2007 prerecession levels.  The Job Openings and Labor Turnover Survey shows there are 1.4 official unemployed per job opening for July 2015.

ADP Employment Report Shows Bad News for Manufacturing

ADP's proprietary private payrolls jobs report gives us another stunted employment preview by reporting a monthly gain of 169,000 private sector jobs for April 2015.  Manufacturing jobs are truly a bad omen with 10,000 reported lost.  Construction on the other hand is still in recovery with 23,000 April jobs gained.

The February 2015 ADP Employment Report Shows a Slow Down in Hiring

ADP's proprietary private payrolls jobs report gives us a monthly gain of 212,000 private sector jobs for February 2015.  January's ADP private payroll gains were strongly revised, from 213,000 to 250,000.  Financial activities had the highest job growth by ADP's records since 2006, while manufacturing only gained 3,000 jobs.

There Were 1.9 Persons Per Job Opening in October 2014

The BLS JOLTS report, or Job Openings and Labor Turnover Survey shows there are 1.9 official unemployed per job opening for October 2014.  Job openings were around 4.8 million.   Job openings returned to pre-recession levels while hires has increased 33% since June 2009.  In just the private sector job openings have also recovered to precession levels while private hires have increased 40% from their 2009 lows.

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