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There Are More Jobs Than People Out of Work, Something the American Economy Has Never Experienced Before (cnbc.com)
The jobs market has reached what should be some kind of inflection point: there are now more openings than there are workers. From a report: April marked the second month in a row this historic event has occurred, and the gap is growing. According to the monthly Job Openings and Labor Turnover Survey released this week, there were just shy of 6.7 million open positions in April, the most recent month for which data are available. That represented an increase of 65,000 from March and is a record. The number of vacancies is pulling well ahead of the number the Bureau of Labor Statistics counts as unemployed. This year is the first time the level of the unemployed exceeded the jobs available since the BLS started tracking JOLTS numbers in 2000. As of April, the total workers looking and eligible for jobs fell to 6.35 million, a decrease from 6.58 million the previous month. The number fell further in May to 6.06 million, though there is no comparable JOLTS data for that month. Under normal circumstances, the mismatch would be creating a demand for higher wages. However, average hourly earnings rose just 2.7 percent annualized in May, up one-tenth of a point from April. Further reading: Why Nebraska has an amazing jobs market but nobody is moving there.
We'd have all the workers we need had we not aborted millions of Americans. Who knows, we may have killed the one who would have discovered the cure for cancer or invented warp drive.
Science calls it "cause and effect". I call it, "You reap what you sow."
Mine does not, and it has 100k employees. Hell, I don’t even have dental insurance.
They are stupid for not doing so. If people are willing to take legal stimulants, I (as the boss) am happy to facilitate that.
If adderall was OTC I would have a big bowl full of them in the break room.
Even those who arrange and design shrubberies are under considerable economic stress at this period in history.
They'd get a job at Google, if they cut their nuts off first.
I had two schizophrenic friends, one, that uses drugs (mostly marijuana) is chronically homeless. The one that stayed clean was a co-worker at Microsoft (sadly died suddenly from a heart problem).
Anecdotal.
I have 1 schizophrenic friend. The first leads a normal life, the second is chronically depressed, and the third is a violent freak who won't stop whispering to me to burn them all, burn them all, BURN THEM ALL!
The comments in this thread are HILARIOUS.
Lib types, falling all over themselves trying to avoid the ugly truth...Trump is GOOD for the economy.
Sorry, but Obama = record unemployment.
Trump = inverse unemployment, for the first time since they've been keeping track.
NewOOOOOOO! ( Cartman voice)