The US economy has 11.3 million unfilled jobs | national news

0

(The Center Square) — There are 11.3 million open jobs in the United States, or nearly two jobs for every American looking for work, according to recently released federal data. This rate is almost the highest on record, as the number of jobs available per worker has risen sharply in recent months.

The Bureau of Labor Statistics released federal jobs Datawhich showed a decrease of almost half a million jobs available in May.

“On the last business day of May, the number and rate of job postings decreased to 11.3 million (-427,000) and 6.9%, respectively,” the BLS said. “Total hirings and departures were little changed at 6.5 million and 6.0 million, respectively. Among job terminations, resignations (4.3 million) and layoffs and dismissals (1.4 million) were little changed. This release includes estimates of the number and rate of job openings, hirings and separations for the non-farm sector as a whole, by industry and by establishment size class.

Job openings vary widely by industry and company size.

“The largest declines in job postings were in professional and business services (-325,000), durable goods manufacturing (-138,000) and non-durable goods manufacturing (-70,000),” said the BLS. “In May, the rate of job creation fell in establishments with 250 to 999 employees. The resignation rate fell in establishments with 250 to 999 employees and in establishments with 5,000 or more employees.

Share.

About Author

Comments are closed.