g5000
Diamond Member
- Nov 26, 2011
- 125,228
- 68,939
Link? It would suck if you were caught lying about the JOLTS calculation having changed after two other people have been caught lying in this topic so far.Of course they change how these things are calculated. Don't be obtuse.Regardless...it is still the best estimate in 14 yearsJob openings hit 14-year high in April
The number of job openings in the U.S. surged to a 14-year high in April in a sign that job growth could strengthen further in coming months, the Labor Department said Tuesday.
Employers posted 5.4 million openings in April, up from 5.1 million in March and the most since labor began tracking the figure in 2000, according to the Job Openings and Labor Turnover Survey.(JOLTS).
The number of hires fell slightly to 5 million but remained near recent highs.
Labor reported last week that employers added a net 221,000 jobs in April and 280,000 in May as the labor market bounced back after a harsh winter. Tuesday's JOLTS report provides a more detailed view of hiring and employee movements
And the best part is that most are high end jobs with good pay.
Thank you Mr. President.
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According to who? And what was not reported was that according to the same report there was 4.9 million job separations. The percentage of job gains and job losses was at 3.5 percent, a statistical stagnation. Further this report does not allow for seasonal adjustments or for those who both separated and was hired with in the same period.
Job Openings and Labor Turnover Summary
Further if you do additional research you will find that these job gains were for those who made lateral moves within low paying and part time positions according to the Department of Labor. This information shows incredibly low actual job growth. As always USA Today only paints half of the picture, the one that shows the president in the best light.
They did not change the rules on how it is calculated