red states rule
08-11-2010, 06:25 PM
As if anyone did not know this, there are fewer jobs out there for those looking for work
The Hope and Change Express continues to roll right along
WASHINGTON – Company job openings fell for the second straight month in June, a sign that hiring isn't likely to pick up in the coming months.
The data comes after a weak employment report Friday that showed businesses aren't adding enough new workers to bring down the unemployment rate, currently 9.5 percent.
Wednesday's report, known as the Job Openings and Labor Turnover survey, or JOLTS, suggests that won't change anytime soon.
The survey counts job openings on the last day of the month. Those openings may take up to three months to fill, economists say. That means Wednesday's report provides a rough signal of how many jobs will be created over the next several months.
The Labor Department says job openings at businesses fell to 2.54 million in June from 2.6 million in May. Overall openings were unchanged, at 2.9 million, as government openings ticked up. The government figures have been distorted in recent months by the ending of hundreds of thousands of temporary census jobs.
June's total openings are 26 percent above the low point of 2.3 million in July 2009. That may seem like a lot of available jobs, but they are still far below pre-recession levels of about 4.4 million openings per month.
http://news.yahoo.com/s/ap/20100811/ap_on_bi_ge/us_job_openings
The Hope and Change Express continues to roll right along
WASHINGTON – Company job openings fell for the second straight month in June, a sign that hiring isn't likely to pick up in the coming months.
The data comes after a weak employment report Friday that showed businesses aren't adding enough new workers to bring down the unemployment rate, currently 9.5 percent.
Wednesday's report, known as the Job Openings and Labor Turnover survey, or JOLTS, suggests that won't change anytime soon.
The survey counts job openings on the last day of the month. Those openings may take up to three months to fill, economists say. That means Wednesday's report provides a rough signal of how many jobs will be created over the next several months.
The Labor Department says job openings at businesses fell to 2.54 million in June from 2.6 million in May. Overall openings were unchanged, at 2.9 million, as government openings ticked up. The government figures have been distorted in recent months by the ending of hundreds of thousands of temporary census jobs.
June's total openings are 26 percent above the low point of 2.3 million in July 2009. That may seem like a lot of available jobs, but they are still far below pre-recession levels of about 4.4 million openings per month.
http://news.yahoo.com/s/ap/20100811/ap_on_bi_ge/us_job_openings