U.S. Posts Record 10.9 Million Job Openings After Nearly 11 Million Americans Lose Federal Unemployment Benefits

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Following a record showing in June, the number of job openings in the U.S. reached another record high in July, according to the Bureau of Labor Statistics

the high number of job openings suggests the labor market could post a strong recovery despite its recent slowdown. “The jobs are there, it’s that the workers may not want to take those jobs right now,” Bullard said, adding that"households are flush with income" as a result of stimulus checks andsavings rates while pointing out the end to pandemic-era unemployment benefits should encourage people to get jobs.

“The delta variant of Covid-19 appears to have dented the job market recovery,” Mark Zandi, the chief economist of Moody’s Analytics, said in a statement last week, echoing other experts concerned the pandemic’s resurgence has started to curtail the economic recovery. There are still 8.4 million unemployed people in the United States, markedly higher than 4 million in February 2020. According to Bank of America, an estimated 7.

 

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US job openings rise to record-high 10.9 million in July JOLTS reportBusiness Insider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know. For all those who are new to this working from home Bitcoin trading options Here's a little tip: Get a trusted Bitcoin expert and stick to him Bowser_51 Invest and play at similar times each day. Because : In times of chaos, your investment is your anchor to success There's a record high of job openings and a labor shortage, yet there is outrage when pandemic benefits come to an end.
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Job openings soar to 10.9 million as companies struggle to fill positionsJob openings outnumbered the unemployed by more than 2 million in July as companies struggled to fill a record number of vacancies. Make sure the 10.9 million aren’t wildly over counted because all the job sites are advertising the SAME jobs It seems as if the workers are gaining an upper hand. I have a couple positions that need filled. And by positions I mean holes. 😉
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