US Job Openings Fall To Lowest Level In 9 Years

[Purveyor]

Source: Associated Press

(09-09) 13:42 PDT WASHINGTON, (AP) --

Job openings fell to the lowest level in nine years in July, according to a Labor Department report Wednesday, as businesses remain reluctant to hire despite signs the economy is improving.

The department's Job Openings and Labor Turnover survey, or JOLTS report, found that businesses and government advertised 2.4 million open positions on the last day in July, down from 2.5 million in June. That's also the fewest openings since the department began compiling the data in December 2000.

Still, jobs are being added in some sectors, as companies seek more health care, technology and child care workers.

The report underscores the tough competition that jobless Americans face. With 14.5 million unemployed people in July and only 2.4 million openings, that means there were six unemployed people, on average, for every job opening.

The report also adds to evidence that companies likely will wait until the economy is clearly recovering before hiring new employees. Many analysts believe the economy is likely to grow at a healthy 3 percent rate in the second half of this year, pulling the country out of the worst recession since the 1930s.



Read more: http://www.sfgate.com/cgi-bin/article.cgi?f=/n/a/2009/09/09/national/w113901D06.DTL

[Deja Q]

1. Yup, the economy is back on track!

:sarcasm:

And then people wonder why our children isn't learning: Whether they're too busy playing xbox, sex with box, or watching family guy while taking lots of drugs... or if they see the world around them and, in turn, stop bothering in favor of what is no longer a series of cynical memes...

:(

[WriteDown]

3. I've often wondered why "our children isn't learning"

:)

[Deja Q]

2. Oh, I do think things will open up again, in time, and I will be there...

They say to study and get good grades and that is what I shall do. :)

[prolesunited]

4. Tell me about it

I am a reliable, hard-working employee that has always excelled and I can't find a freakin' job. I'm starting my second legal pad of places at which I applied.

[pscot]

5. Green shoots. Green shoots.

n/t

[ConcernedCanuk]

6. Dim-Son stole the presidency 9 years ago

.
.
.

hmmmm

:freak:

[TheWatcher]

7. This "Jobless Recovery" Is AWESOME.

If we can get Unemployment up to 30% we're all going to be Rich, and we can go sit on a beach earning 20%.

We just have to pray that they find a way to keep job losses Mounting.

We sure wouldn't want to upset the fragile foundations of this New Found Prosperity.

I can see it all so clearly now.

The worse things get, the more Happy Talk they'll give us, the better we'll feel, and the more the Economy will Recover.

BRILLIANT!



:beer:

[xchrom]

8. kick