Millions Are Out Of A Job. Yet Some Employers Wonder: Why Can't I Find Workers?
4 years, 1 month ago

Millions Are Out Of A Job. Yet Some Employers Wonder: Why Can't I Find Workers?

NPR  

Millions Are Out Of A Job. Enlarge this image toggle caption Joe Raedle/Getty Images Joe Raedle/Getty Images At a time when millions of Americans are unemployed, businessman Bill Martin has a head-scratching problem: He's got plenty of jobs but few people willing to take them. Julia Pollak, a labor economist at employment recruitment site ZipRecruiter, says Martin is not alone in struggling to find workers. Sponsor Message "There's this huge gap between the kinds of conditions under which people are prepared to work and the kinds of conditions that they actually find in the jobs that are available," Pollak says. "A pandemic is a shock both to labor demand and to labor supply, and it's a really significant shock to labor supply," Pollak says.

Job Jobs Work Workers Martin Pollak  industries  conditions  jobs  openings  problem  martin  pollak  cant  employers  workers  job  wonder  work  millions  labor

History of this topic

US job openings rise unexpectedly to 8.1 million in November, a sign the labor market is resilient
2 months, 3 weeks ago

US job openings rise unexpectedly to 8.1 million in November, a sign the labor market is resilient

Associated Press  

WASHINGTON — U.S. job openings rose unexpectedly in November, showing companies are still looking for workers even as the labor market has cooled overall. Openings rose to 8.1 million in November, the most since February and up from 7.8 million in October, the Labor Department reported Tuesday. When the Labor Department releases December hiring numbers on Friday, they’re expected to …

Job openings rose while hiring dropped in October, labor report shows
3 months, 4 weeks ago

Job openings rose while hiring dropped in October, labor report shows

Salon  

Job openings and resignations increased substantially in October while the number of hires and layoffs dropped, according to a Tuesday report from the Bureau of Labor Statistics that showed a mixed picture of the U.S. labor market. The increased number of job openings appeared mostly in professional and business services, as well as service and IT industries, jumping by 372,000 …

US job openings fall to 8.5 million in March, the lowest level in more than 3 years
11 months ago

US job openings fall to 8.5 million in March, the lowest level in more than 3 years

Associated Press  

WASHINGTON — U.S. jobs openings slid in March to the lowest level in more than three years, but stayed at historically high levels in a sign that the job market remains resilient in the face of higher interest rates. The Labor Department reported Wednesday that employers posted 8.5 million vacancies in March, down from 8.8 million in February and the …

US job openings rise modestly to 8.8 million in February in strong labor market
11 months, 4 weeks ago

US job openings rise modestly to 8.8 million in February in strong labor market

Associated Press  

WASHINGTON — U.S. job openings barely changed in February, staying at historically high levels in a sign that the American job market remains strong. But the Job Openings and Labor Turnover Survey, or JOLTS, showed that layoffs ticked up to 1.7 million in February from 1.6 million in January, highest since March 2023. “Job openings are still elevated relative to …

US job openings stay steady at nearly 8.9 million in January, a sign labor market remains strong
1 year ago

US job openings stay steady at nearly 8.9 million in January, a sign labor market remains strong

Associated Press  

WASHINGTON — U.S. job openings barely changed in January but remained elevated, suggesting that the American job market remains healthy. The Labor Department reported Wednesday that U.S. employers posted 8.86 million job vacancies in January, down slightly from 8.89 million in December and about in line with economists’ expectations. Job openings have declined since peaking at a record 12 million …

U.S. job openings rise slightly to 9.6 million, sign of continued strength in the job market
1 year, 5 months ago

U.S. job openings rise slightly to 9.6 million, sign of continued strength in the job market

Associated Press  

WASHINGTON — Employers posted 9.6 million job openings in September, up from 9.5 million in August and a sign that the U.S. job market remains strong even as the U.S. Federal Reserve attempts to cool the economy. Before 2021 — when the American economy began to surge from the COVID-19 pandemic — monthly job openings had never topped 8 million. …

The number of available jobs in the US just fell to its lowest level in more than two years
1 year, 8 months ago

The number of available jobs in the US just fell to its lowest level in more than two years

CNN  

Minneapolis CNN — Bit by bit, the US labor market is settling down from the rolling boil of the past three years: The number of job openings dipped to its lowest point in more than two years, according to data from the Bureau of Labor Statistics released on Tuesday. “Both a recession and a soft landing look like this.” The …

U.S. job openings dip to 9.8 million but remain high, showing resilience in labor market
1 year, 8 months ago

U.S. job openings dip to 9.8 million but remain high, showing resilience in labor market

Associated Press  

WASHINGTON — U.S. job openings slipped in May but remained at levels high enough to illustrate that the American labor market remains resilient in the face of sharply higher interest rates. Employers posted 9.8 million job vacancies, down from 10.3 million in April, the Labor Department said Thursday. The Labor Department’s Job Openings and Labor Turnover Survey, “continues to reflect …

U.S. job openings dip to 9.8 million but remain high, showing resilience in labor market
1 year, 8 months ago

U.S. job openings dip to 9.8 million but remain high, showing resilience in labor market

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy U.S. job openings slipped in …

US job openings hit 10.1 million and labor market still strong despite Fed efforts to cool economy
1 year, 10 months ago

US job openings hit 10.1 million and labor market still strong despite Fed efforts to cool economy

Associated Press  

WASHINGTON — U.S. job openings rose unexpectedly in April, illustrating the resilience of the American labor market and complicating Federal Reserve efforts to fight inflation. Employers posted 10.1 million job openings last month, up from 9.7 million in March and the most since January, the Labor Department said Wednesday. Layoffs fell, but the number of people quitting their jobs — …

Job openings tumble to lowest point in nearly two years
1 year, 11 months ago

Job openings tumble to lowest point in nearly two years

CNN  

Minneapolis CNN — The number of open jobs in the United States has dropped to the lowest level since May 2021, a reflection of a labor market that is slowly settling back into balance after the Federal Reserve’s yearlong campaign to cool off the economy. “After two years of incredibly rapid churn and highly elevated demand, things are now all …

Could the worker shortage be getting worse?
2 years, 1 month ago

Could the worker shortage be getting worse?

Live Mint  

Sometimes it seems like everybody on Wall Street is explaining why the economy is going south and the job market will soon follow. NFIB Chief Economist William Dunkelberg reports: Forty-five percent of all owners reported job openings they could not fill in the current period, up 4 points from December. The share of owners with unfilled job openings far exceeds …

Unemployment has fallen to 3.5%, matching the lowest level in half a century
2 years, 2 months ago

Unemployment has fallen to 3.5%, matching the lowest level in half a century

NPR  

Unemployment has fallen to 3.5%, matching the lowest level in half a century JUANA SUMMERS, HOST: We are in a Goldilocks moment for the U.S. job market - not too hot and not too cold. Today we learned that U.S. employers added 223,000 jobs last month as the unemployment rate fell to just 3.5%, matching its lowest level in half …

Job openings hit 10.7M despite Fed attempts to cool economy
2 years, 5 months ago

Job openings hit 10.7M despite Fed attempts to cool economy

Associated Press  

WASHINGTON — U.S. job openings rose unexpectedly in September, suggesting that the American labor market is not cooling as fast as the inflation fighters at the Federal Reserve hoped. In another sign the labor market remains tight and employers unwilling to let workers go, layoffs dropped in September to 1.3 million, fewest since April. “Job openings still vastly outnumber unemployed …

‘What recession?': US employers add 528,000 jobs in July
2 years, 7 months ago

‘What recession?': US employers add 528,000 jobs in July

Associated Press  

WASHINGTON — U.S. employers added an astonishing 528,000 jobs last month despite flashing warning signs of an economic downturn, easing fears of a recession and handing President Joe Biden some good news heading into the midterm elections. “The U.S. economy is creating new jobs at an annual rate of 6 million — that’s three times faster than what we normally …

US job openings slip, but employment landscape remains solid
2 years, 8 months ago

US job openings slip, but employment landscape remains solid

Associated Press  

WASHINGTON — U.S. employers advertised fewer jobs in May amid signs that the economy is weakening, though the overall demand for workers remained strong. Employers posted 11.3 million job openings at the end of May, the Labor Department said Wednesday, down from nearly 11.7 million in April. The Federal Reserve has targeted the nearly record-high job openings as evidence that …

The jobs market still favors workers, despite fears of an economic slowdown
2 years, 8 months ago

The jobs market still favors workers, despite fears of an economic slowdown

NPR  

The jobs market still favors workers, despite fears of an economic slowdown Enlarge this image toggle caption Joe Raedle/Getty Images Joe Raedle/Getty Images Workers looking for new jobs have plenty of options, despite recent layoffs and hiring slowdowns in key parts of the economy. In contrast, the rate of workers who are quitting their jobs remains near historic highs, despite …

US job openings decline from record level but remain high
2 years, 10 months ago

US job openings decline from record level but remain high

Associated Press  

WASHINGTON — The white-hot demand for U.S. workers cooled a bit in April, though the number of unfilled jobs remains high and companies are still desperate to hire more people. The healthy level of open jobs shows that companies are still trying to add staff and grow, even as inflation hovers near a 40-year high and the Federal Reserve has …

Shortage of staff begins to bite, 133 vacancies for every 100 unemployed
2 years, 10 months ago

Shortage of staff begins to bite, 133 vacancies for every 100 unemployed

Dutch News  

There are now 133 jobs on offer for every 100 people looking for work, national statistics office CBS said on Tuesday. On Monday, the CBS said the number of people in work had passed the nine million mark for the first time. Government and healthcare were the fastest growing sectors and now account for 2.6 million jobs altogether, a 9.5% …

Shortage of staff begins to bite, 133 vacancies for every 100 unemployed
2 years, 10 months ago

Shortage of staff begins to bite, 133 vacancies for every 100 unemployed

Dutch News  

There are now 133 jobs on offer for every 100 people looking for work, national statistics office CBS said on Tuesday. On Monday, the CBS said the number of people in work had passed the nine million mark for the first time. Government and healthcare were the fastest growing sectors and now account for 2.6 million jobs altogether, a 9.5% …

US employers posted record 11.5 million job openings in March
2 years, 10 months ago

US employers posted record 11.5 million job openings in March

Al Jazeera  

Employers posted a record 11.5 million job openings in March, more evidence of a tight labour market that has emboldened millions of American workers to seek better-paying jobs and contributed to the biggest surge in inflation in four decades. A record 4.5 million Americans quit their jobs in March — a sign that they are confident they can find better …

Job openings rose in December amid worker shortages
3 years, 2 months ago

Job openings rose in December amid worker shortages

Associated Press  

WASHINGTON — U.S. employers stepped up their search for workers in December despite the looming impact of the omicron wave of coronavirus infections. The number of posted jobs rose 1.4% to 10.9 million on the last day of December, compared with the previous month, the Labor Department said Tuesday. The data suggests companies were still desperate to hire workers last …

EXPLAINER: 5 key takeaways from the December jobs report
3 years, 2 months ago

EXPLAINER: 5 key takeaways from the December jobs report

Associated Press  

WASHINGTON — One of the fastest years of job creation in U.S. history stumbled at the finish line in December. Hobbled by shortages of workers and persistent threats from the coronavirus, America’s employers added just 199,000 jobs last month — the lowest monthly haul since December 2020 and only about half the total that economists had envisioned. Here are five …

Jobs have never been so secure. Bosses have stopped firing people
3 years, 3 months ago

Jobs have never been so secure. Bosses have stopped firing people

CNN  

New York CNN Business — If you have a job today, chances have never been better that you can keep it as long as you want. The Labor Department data shows there are 0.67 job seekers for every job opening – or three job openings for every two people looking for work. They’re hanging onto everyone they can,” said Andy …

Americans give bosses same message in record numbers: I quit
3 years, 4 months ago

Americans give bosses same message in record numbers: I quit

Associated Press  

WASHINGTON — Americans quit their jobs at a record pace for the second straight month in September, in many cases for more money elsewhere as companies bump up pay to fill job openings that are close to an all-time high. The Labor Department said Friday that 4.4 million people quit their jobs in September, or about 3% of the nation’s …

Why inexperienced workers can't get entry-level jobs
3 years, 6 months ago

Why inexperienced workers can't get entry-level jobs

BBC  

Why inexperienced workers can't get entry-level jobs Getty Images 'Entry-level' jobs used to be the way for new graduates to enter the workforce. “Most of the students in college are doing or trying to do internships, and now it’s increasingly common to do more than one.” Internships are now the entry level – Alan Seals Seales says this fact impacts …

Economic oddity: Record job openings and many unemployed
3 years, 6 months ago

Economic oddity: Record job openings and many unemployed

Associated Press  

WASHINGTON — The disconnect is jarring: Across the United States, employers who are desperate to fill jobs have posted a record-high number of job openings. On Wednesday, the Labor Department reported that employers posted 10.9 million job openings in July — the most on records dating to 2000. “But a fair number of unemployed or job seekers don’t feel that …

US job growth slows sharply in August; unemployment rate falls to 5.2%
3 years, 6 months ago

US job growth slows sharply in August; unemployment rate falls to 5.2%

Live Mint  

U.S. job growth slowed more than expected in August amid a softening in demand for services and persistent worker shortages as COVID-19 infections soared, but the pace was enough to sustain the economic expansion. Nonfarm payrolls increased by 235,000 jobs last month after surging 1.053 million in July, the Labor Department said in its closely watched employment report on Friday. …

Job vacancies outstrip unemployment due to coronavirus and ageing
3 years, 7 months ago

Job vacancies outstrip unemployment due to coronavirus and ageing

Dutch News  

The number of vacancies has exceeded the number of people seeking work for the first time in half a century, according to statistics agency CBS. CBS chief economist Pieter Hein van Mulligen said the unprecedented situation was partly the result of the government’s coronavirus support packages, but the underlying reason was the ageing workforce. ‘Since 1971 there has never been …

Job vacancies outstrip unemployment due to coronavirus and ageing
3 years, 7 months ago

Job vacancies outstrip unemployment due to coronavirus and ageing

Dutch News  

The number of vacancies has exceeded the number of people seeking work for the first time in half a century, according to statistics agency CBS. CBS chief economist Pieter Hein van Mulligen said the unprecedented situation was partly the result of the government’s coronavirus support packages, but the underlying reason was the ageing workforce. ‘Since 1971 there has never been …

U.S. job openings hit a record 10.1 million in June
3 years, 7 months ago

U.S. job openings hit a record 10.1 million in June

Associated Press  

WASHINGTON — U.S. employers posted a record 10.1 million job openings in June, another sign that the job market and economy are bouncing back briskly from last year’s coronavirus shutdowns. Job openings rose from 9.5 million in May, the Labor Department reported Monday. In a research report, Contingent Macro Advisors suggested that “this report might offer the first sign that …

US job openings hit a record 10.1 million in June
3 years, 7 months ago

US job openings hit a record 10.1 million in June

Live Mint  

US employers posted a record 10.1 million job openings in June, another sign that the job market and economy are bouncing back briskly from last year's coronavirus shutdowns. Job openings rose from 9.5 million in May, the Labor Department reported Monday. In a research report, Contingent Macro Advisors suggested that “this report might offer the first sign that headwinds like …

There’s no labor shortage — just not enough good jobs
3 years, 9 months ago

There’s no labor shortage — just not enough good jobs

LA Times  

Ashley Richardson, franchise owner of 9Round Fitness gym in Long Beach, has been struggling to fill a personal trainer job. — Sylvia Allegretto, UC Berkeley economist “We’re being ghosted” by job candidates, said Ashley Richardson, who owns two 9Round Fitness kickboxing gyms, in Long Beach and Riverside. She said the country is experiencing a “wage and benefits shortage.” A labor …

US job openings surge to record 9.3 million in April
3 years, 9 months ago

US job openings surge to record 9.3 million in April

Associated Press  

WASHINGTON — U.S. employers posted a record 9.3 million job openings in April with the U.S. economy reopening at break-neck speed. But employers hired just 6.1 million, up 1% from March, according to a Labor Department report Tuesday, suggesting that positions are opening faster than companies can fill them. The result is a labor market that has snapped back quicker …

Job openings soar to record 9.3 million in April
3 years, 9 months ago

Job openings soar to record 9.3 million in April

CNN  

New York CNN Business — America is hiring like never before. Job openings in the United States soared by nearly a million in April, setting a record for the most openings added in a month and the highest overall number since the Bureau of Labor Statistics started tracking the data in December 2000. At 9.3 million new positions, it was …

EXPLAINER: Did US hiring slow because of a ‘labor shortage’?
3 years, 10 months ago

EXPLAINER: Did US hiring slow because of a ‘labor shortage’?

Associated Press  

WASHINGTON — The anticipation for the U.S. jobs report for April, released Friday morning, was high. Most experts agreed that after a yearlong pandemic, tens of millions of layoffs and widespread disease and death, a likely second straight month of nearly 1 million added jobs would send a clear signal: The economy was bounding back toward full health after a …

March hiring accelerated to 916K, yet many jobs remain lost
3 years, 11 months ago

March hiring accelerated to 916K, yet many jobs remain lost

Associated Press  

WASHINGTON — America’s employers unleashed a burst of hiring in March, adding 916,000 jobs in a sign that a sustained recovery from the pandemic recession is taking hold as vaccinations accelerate, stimulus checks flow through the economy and businesses increasingly reopen. Even with last month’s robust increase, the economy remains more than 8 million jobs short of the number it …

Signs of new hiring point to modest job gains, renewed growth
4 years ago

Signs of new hiring point to modest job gains, renewed growth

Live Mint  

A winter hiring freeze appears to have thawed in February alongside other signs the broader economic recovery is gaining strength nearly a year into the pandemic. But the expected monthly gain would do little to recover the nearly 10 million jobs still missing from the 22 million positions lost last March and April at the start of the pandemic. “The …

February Jobs Report Shows Large Recovery Gap Remains : The Indicator from Planet Money : NPR
4 years ago

February Jobs Report Shows Large Recovery Gap Remains : The Indicator from Planet Money : NPR

NPR  

Still Not Good Tho Enlarge this image OLI SCARFF/AFP via Getty Images OLI SCARFF/AFP via Getty Images The labor market is still in rough shape, but it is improving. The Bureau of Labor Statistics just released the jobs report for the month of February, and it showed that the labor market created 379,000 jobs. More than 379,000 jobs created may …

Job openings pick up in pandemic-resilient industries
4 years, 1 month ago

Job openings pick up in pandemic-resilient industries

Live Mint  

The number of help-wanted ads returned to pre-pandemic levels in January, particularly among industries that have weathered the pandemic relatively well, a sign that hiring could pick up from its sluggish pace at the start of the year. Industries that recovered quickly from the initial shock of the pandemic have led growth in job openings, said Jed Kolko, chief economist …

Jobseekers outnumber vacant jobs by as much as 106-to-one, study warning of coronavirus employment crisis reveals
4 years, 5 months ago

Jobseekers outnumber vacant jobs by as much as 106-to-one, study warning of coronavirus employment crisis reveals

ABC  

The grim reality for jobseekers has been exposed in new research that lays out Australia's unemployment epidemic. Key points: While there are eight entry-level jobseekers for every appropriate position, over-qualified applicants push that figure to 106 Anglicare says the numbers reveal this to be the worst recession in living memory The charity is calling on the Government to introduce a …

Worker shortages trigger wage increases, but risk higher inflation
6 years, 4 months ago

Worker shortages trigger wage increases, but risk higher inflation

The Telegraph  

Businesses are facing their toughest recruitment market for 20 years, as workers’ ability to shop around for roles drive up wages, new survey data has found. Wage inflation for new workers was close to a three-and-a-half-year high, and many companies reported having to boost pay offers in order to attract staff, according to research from KPMG and the Recruitment and …

Job seekers have never had it so good as vacancies surpass 10-year record
6 years, 7 months ago

Job seekers have never had it so good as vacancies surpass 10-year record

Dutch News  

The number of job vacancies in the Netherlands reached 251,000 in the second quarter of 2018, an increase of 16,000 over the first three months of the year and 2,000 more than the record set at the end of 2007, the national statistics office CBS said on Tuesday. The number of job vacancies has risen each quarter in the past …

There now are more job openings in the U.S. than unemployed workers to fill them
6 years, 9 months ago

There now are more job openings in the U.S. than unemployed workers to fill them

LA Times  

There were a record 6.7 million job openings in April, the Labor Department reported Tuesday. The labor market has hit a tipping point that should help boost wages: There are more job openings in the U.S. than unemployed workers to fill them. The revised data show that job openings outstripped total unemployed workers in March for the first time, and …

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