hires

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.

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.

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.

There Were Two Unemployed Persons Per Job Opening in August 2014

The BLS JOLTS report, or Job Openings and Labor Turnover Survey shows there are 2.0 official unemployed per job opening for August 2014.  Job openings were around 4.8 million with hiring coming in at a lower rate than July.   Job openings returned to precession levels while hires have only increased 27% since June 2009.

Jolts Report Shows 2.6 Unemployed Per Job Opening in January 2014

The BLS JOLTS report, or Job Openings and Labor Turnover Survey shows there are 2.6 official unemployed per job opening for January 2014.  Job openings were around four million yet hires and separations are almost equal, keeping the job market fairly static.   Job openings have increased 85% from July 2009, while hires have only increased 24% from the same time period.

JOLTS Report Shows Labor Market Static

The BLS JOLTS report, or Job Openings and Labor Turnover Survey shows there are 2.9 official unemployed per job opening for October 2013.  The headlines blare job openings are at the highest level in five years, but that's not the real story as hiring is way below pre-recession levels.   Job openings have increased 80% from July 2009, while hires have only increased 24% from the same time period.

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