Wednesday, December 9, 2009

Can't Get a Job? Here's Why...

BLS (hat tip Calculated Risk):

There were 2.5 million job openings on cá cược thể thao bet365_cách nạp tiền vào bet365_ đăng ký bet365 last business day of October 2009, cá cược thể thao bet365_cách nạp tiền vào bet365_ đăng ký bet365 U.S. Bureau of Labor Statistics reported today. The job openings rate was unchanged over cá cược thể thao bet365_cách nạp tiền vào bet365_ đăng ký bet365 month at 1.9 percent. The openings rate has held relatively steady since March 2009. The hires rate (3.0 percent) and cá cược thể thao bet365_cách nạp tiền vào bet365_ đăng ký bet365 separations rate (3.2 percent) were essentially unchanged and remained low.
Calculated Risk with some thoughts on cá cược thể thao bet365_cách nạp tiền vào bet365_ đăng ký bet365 release:
I'm not sure if openings are predictive of future hires (cá cược thể thao bet365_cách nạp tiền vào bet365_ đăng ký bet365 data set is limited), but openings near a series low can't be a positive. Separations have declined sharply, with fewer quits and layoffs, but hiring has not picked up. And quits at a series low suggests those that are employed were holding on to cá cược thể thao bet365_cách nạp tiền vào bet365_ đăng ký bet365ir current jobs in October.
And why should cá cược thể thao bet365_cách nạp tiền vào bet365_ đăng ký bet365y quit? The level of openings as compared to cá cược thể thao bet365_cách nạp tiền vào bet365_ đăng ký bet365 number of unemployed is at a series high (data only goes back to 2000) with once again more than 6 unemployed individuals per job opening.



Source: BLS

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