employment

JOLTS Shows Jobs Static - 3.1 Unemployed Per Opening in April 2013

The BLS April JOLTS report, or Job Openings and Labor Turnover Survey shows there are 3.1 official unemployed per job opening, the same as the last two months.  Every month it is the same story, a static dead pool job market with employers clearly not hiring.  Job openings declined -3.0% from last month to a total of 3,757,000.  People hired did increase by 4.7% to 4,425 million.  Yet, real hiring has only increased 22% from June 2009.

The Deflated Balloon JOLTS Jobs Report Shows 3.1 Unemployed Per Opening for March 2013

The BLS March JOLTS report, or Job Openings and Labor Turnover Survey shows there are 3.1 official unemployed per job opening, the same as last month.  Job openings declined -1.4% from last month to a total of 3,844,000.  People hired in March declined by -4.3% to 4.259 million.  Real hiring has only increased 18% from June 2009.  Job openings are still below pre-recession levels of 4.7 million.  Job openings have increased 81% from July 2009.  The story for jobs is the same flat line drum beat for March.  There is never enough actual hiring in addition to not enough openings.

JOLTS Shows 3.1 Unemployed per Job Opening in February 2013

The BLS February JOLTS report, or Job Openings and Labor Turnover Survey shows there are 3.1 official unemployed per job opening.  Job openings increased 8.7% from January to a total of 3,925,000.  Actual hires, on the other hand, increased 2.8% to 4.418 million.  Real hiring has only increased 22% from June 2009.  Job openings are still below pre-recession levels of 4.7 million.  Job openings have increased 80% from July 2009.  While the increase in job opportunities is great, every month it is the same thing.  There is never enough actual hiring.

There Were 3.3 Unemployed Per Job Opening in January 2013

The BLS January JOLTS report, or Job Openings and Labor Turnover Survey shows there are 3.3 official unemployed per job opening.  Actual hires increased 1.2% to 4.247 million after last month's plunge.  Real hiring has only increased 17% from June 2009.  Job openings also recovered slightly, up by 2.2% to 3.693 million, yet are still below pre-recession levels of 4.7 million.  Job openings have increased 69.5% from July 2009.  Some in the press are claiming hiring is on a rebound.   Frankly hiring is not.   Every month it is the same thing, not enough hiring and this has been going on now for over five years.

ADP Employment Report Shows 198,000 Jobs for February 2013

ADP's proprietary private payrolls jobs report shows a gained of 198,000 private sector jobs for February 2013.  ADP January's reported 192,000 job gains were significantly revised upward by 23,000 to 215 thousand.  Trade, transportation and utilities was the big winner with 43,000 private sector jobs gained  This report does not include government, or public jobs.

 

ADP Employment Report - 192,000 Private Sector Jobs for January 2013

ADP's proprietary private payrolls jobs report shows a gained of 192,000 private sector jobs for January 2013. ADP December's reported 215,000 job gains were significantly revised downward by 30,000 to 185 thousand. Graphed below are the reported private sector jobs from ADP. This report does not include government, or public jobs.

 

There were 3.3 Unemployed for every Job Available in November 2012

The BLS November JOLTS report, or Job Openings and Labor Turnover Survey shows there are 3.3 official unemployed per job opening. Opportunities, actual hires were flat lined, showing a stagnant, dead pool job market. While openings increased by 0.3%, actual hires had no change, 0.07%. There were 3.7 million job openings for November, still way below pre-recession levels of 4.7 million.

Payrolls Tread Water Once Again in December 2012

The BLS unemployment report shows total nonfarm payroll jobs gained were 155,000 for December 2012. October was revised down by 1,000 to 137,000 job and November was revised up, from 146,000 to 161,000 in employment gained. Many in the press are implying this is a good report when the monthly gain represents the very weak job growth America have been experiencing for the last two years.

 

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