Cart

0

Economy

“Job openings surge above 10 million for first time ever, Labor Department says”

“There were 10.1 million open jobs on the final day of June, the report said, up from 9.2 million in May. Economist polled by Dow Jones were expecting 9.1 million openings. The jump came as the quits rate increased while the layoffs and discharges rate was unchanged, reflecting increased bargaining power and employment options for workers.

By industry, leisure and hospitality show one of the highest level of job openings at more than 1.6 million. Health care and social assistance has 1.5 million openings…”

https://www.cnbc.com/2021/08/09/job-openings-surge-above-10-million-for-first-time-ever-labor-department-says.html

The labor shortage will continue as long as the government keeps handing out stimulus checks. The entire purpose of working is to make money to survive. People who don’t need to work will not. That’s just the way it is.

Leave a Reply