WASHINGTON - U.S. job openings rebounded sharply in March, while the pace of hiring was little changed, pointing to a growing worker shortage that could slow employment growth this year.
“The risks right now for the economic outlook going forward is there is actually a danger that companies will run out of the help they need to produce goods or sell their services,” said Chris Rupkey, chief economist at MUFG in New York. Vacancies in the construction industry increased by 73,000 in March. There were 87,000 job openings in the transportation, warehousing and utilities sector, while real estate, rental and leasing companies had 57,000 unfilled position. Job openings in the federal government, however, decreased by 15,000 in March.Hiring was little changed at 5.7 million in March. The hiring rate was steady at 3.8 percent.
In March, there were 0.83 job seekers for every job opening. Job openings exceeded the number of unemployed by 1.3 million. Vacancies have outpaced the unemployed for 13 straight months.
oh good so people will b paid more? lol
Seems to me half of Detroit adults got nada to grind. There are plenty of non-participating die-in-the-boot class around. Go grind da...hommie...!
God forbid -- corporations may finally be facing situations where they have to pay the peasantry more...this is not good -- it is far easier to control and rape a population that is living hand to mouth....corporations must resist pressure to raise wages, right?
We've been waiting a long time for such words to be reported - at least here in SoCal we have. Hardly ten years of economic expansion here in SoCal, however, as reported for the nation in the article. JobsReport Jobs
Uh. Census hired 500,000 temporary workers. Probably to exterminate the 'others' in the next 2 years with Trump's purge.