Job openings compared to number looking for work
Each month, the National Jobs for All Coalition publishes an expanded count of the unemployed, based on Bureau of Labor Statistics data. This count includes people who want work, but are not included in the official count of the unemployed--part-time workers who want full-time work, along with those who want a job but had not looked for one because they didn't expect to find any, or weren't able to work for a variety of reasons, including lack of child care or transportation, or a disability. When these groups are added to those included in the official measure, the unemployment rate roughly doubles. When we compare this expanded number to reported job availability, we find that in November, for example, there were more than seven job wanters for each available job. [Incidentally, the efforts of NJFAC and its supporters were a major reason that Congress appropriated funds for the Dept. of Labor to collect job vacancy data.]
Following is a report on job vacancy statistics from the Economic Policy Institute.
Job openings rapidly dwindle as unemployment pushes upward by Tobin Marcus
The Bureau of Labor Statistics has released the October Job Openings and Labor Turnover Survey (JOLTS) data, which indicates that there were only 3.1 million job openings in the economy, down nearly 25% from the start of the recession in December 2007.
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