Job Openings Outnumbered Unemployed Americans by More Than One Million in September

The number of job openings in September fell slightly from an upwardly revised 7.29 million in August, the highest level on record. In August, openings outnumbered the unemployed by 1.06 million.

Before March, job openings had never exceeded unemployed workers in more than 17 years of monthly records. Most of the decline in openings occurred in the South, the region hit by Hurricane Florence in mid-September.

The average time to fill vacant job positions reached a record high of 32.3 working days in September, according to an analysis of underlying data by Steven Davis, an economist at the University of Chicago Booth School of Business.

Read the rest of the story here: U.S. Job Seekers Exceed Openings by Record Ratio

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.