Why the U.S. job market has stayed so hot for so long. The latest data reveal market that is cooling, yet also better than it ever was in the years before the pandemic. In March, there were 1.32 job openings for every unemployed American. The previous all-time high was 1.24.
https://www.axios.com/2024/05/01/us-job-market-openings-jolts-data
by mafco
6 comments
I would love to see this recomputed by industry.
Ya, I was thinking about this last night when people say the economy is cooling. Jobs are still doing incredibly well and GDP was insane near the pandemic.
Jobs = service/retail/fast food/warehouse stacking boxes or White collar livable wages? Just asking….
Sure Wendy’s, Domino’s, Applebee’s, Hardee’s, all of the ‘s are in need of employees and just cant seem to find them.
Plenty of Uber and Instacart jobs around.
Of course the job market is hot, have you seen the prices for everything?! Even retires are applying for jobs!