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 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.
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.
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.
The BLS December JOLTS report, or Job Openings and Labor Turnover Survey shows there are 3.4 official unemployed per job opening. Actual hires dropped 4.8% to 4.194 million. Real hiring has only increased 14% from June 2009.
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.
The BLS September JOLTS report, or Job Openings and Labor Turnover Survey shows there are 3.4* official unemployed per job opening. Opportunities, actual hires and layoffs were all down, showing a stagnant, dead pool job market. While openings decreased by -2.7%, actual hires declined by -5.7%.
The BLS JOLTS report, or Job Openings and Labor Turnover Survey describes the pathetic job market. Once again, little has changed, the never ending drum beat and mantra of our dead in the water labor market never ceases. The August 2012 statistics show there were 3.52 official unemployed persons for every position available*.
The BLS JOLTS report, or Job Openings and Labor Turnover Survey describes the pathetic job market. Once again, little has changed and the July 2012 statistics show there were 3.49 official unemployed persons for every position available*. There were 3.664 million job openings for July 2012, a 1.56% decrease from the previous month of 3,722,000. Openings are still way below pre-recession levels of 4.7 million. Job openings have increased 68% from their July 2009 Mariana Trench trough, yet real hiring is a distant memory. There were 1.8 persons per job opening at the start of the recession, December 2007. The job market is horrific and worse than last month. Below is the graph of July official unemployed, 12.794 million, per job opening.
The BLS released their displaced workers survey and the results paint a dark and foreboding picture for the American worker. Of the people who lost their jobs through offshore outsourcing, plant closures, business failures and layoffs during 2009-2011, by January 2012 only 56% of them had gotten another job. These are people who held the job they lost three years or longer and there were a whopping 6.12 million people in this category.
What's more disturbing, as if that's not enough, is the age breakdown of displaced workers who were in a job three years or longer. While the job losses seem reasonably evenly distributed, those finding other jobs appear not to be, as shown in the below four pie charts.
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