News

Economy & Business

Job Openings Started Outstripping Job Seekers in March

(Mike Blake/Reuters)

The U.S. economy reached a record 6.7 million job openings in April, the Department of Labor stated Tuesday, hundreds of thousands more than the number of unemployed workers.

March and April both saw the number of job openings outstrip the number of unemployed workers.

There were 6.7 million job openings in April and only 6.35 million job seekers. The previous month saw 6.63 million job openings, more than the 6.59 million unemployed workers.

The number of openings has never been higher than the number of job seekers since the government started counting employment opportunities in 2000.

May saw 223,000 jobs added to the U.S. economy.

“Never before have we had an economy where the number of open jobs exceeds the number of job seekers,” remarked Labor Secretary Alexander Acosta. “This administration is committed to ensuring that all Americans have the necessary skills to access good, family-sustaining jobs.”

However, the Labor Department includes in the number of employed those who are working part-time or have temporary employment.

Just after the Great Recession in 2009, there were over six unemployed workers for every job opening, an estimate that has continued to shrink.

The increase in job openings is expected to increase wages, but economists have expected wage growth for the past few years and it did not occur.

Business-services saw the biggest jump with 1.3 million more job opportunities in April. Manufacturing and information jobs also also saw a sizable increase.

Unemployment dropped to 3.8 percent in May, the lowest since April, 2000 and down from 3.9 percent in April, the Labor Department stated earlier this month.

Most Popular

U.S.

Women’s Sports Should Be Women’s Sports

Transgender sports policies make a mockery of women’s competition. Just look at the state of Connecticut. At the 2018 state open for women’s track and field, two young men identifying as transgender took first and second place in the 100m race. Their participation not only deprived young women of their ... Read More
U.S.

Women’s Sports Should Be Women’s Sports

Transgender sports policies make a mockery of women’s competition. Just look at the state of Connecticut. At the 2018 state open for women’s track and field, two young men identifying as transgender took first and second place in the 100m race. Their participation not only deprived young women of their ... Read More
Elections

Bernie’s Houses

Mike Bloomberg scored a hit -- a palpable hit -- in the debate this week when he pointed back at Bernie Sanders and said: “What a wonderful country we have, the best-known socialist in the country happens to be a millionaire with three houses.” Many conservatives laughed and cheered and wondered why Bernie ... Read More
Elections

Bernie’s Houses

Mike Bloomberg scored a hit -- a palpable hit -- in the debate this week when he pointed back at Bernie Sanders and said: “What a wonderful country we have, the best-known socialist in the country happens to be a millionaire with three houses.” Many conservatives laughed and cheered and wondered why Bernie ... Read More

Elon Musk’s Plan to Settle Mars

He who follows Freedom, let him leave his homeland, and risk his life. — Adam Mickiewicz, Polish poet, 1832 Last week my wife Hope and I traveled to Boca Chica, Texas, to meet with Elon Musk. While we talked inside the SpaceX onsite headquarters, a mariachi band played outside, providing entertainment for ... Read More

Elon Musk’s Plan to Settle Mars

He who follows Freedom, let him leave his homeland, and risk his life. — Adam Mickiewicz, Polish poet, 1832 Last week my wife Hope and I traveled to Boca Chica, Texas, to meet with Elon Musk. While we talked inside the SpaceX onsite headquarters, a mariachi band played outside, providing entertainment for ... Read More

Escape from Wuhan

The onset of the crisis in Wuhan startled me like a jump scare in a horror movie. You’ve seen the kind I mean. The audience is led to believe that the monster, psycho killer—or what have you—pursuing the intended victim is still distant. Then whatever it is stands up from behind, leaps out in front, bursts ... Read More

Escape from Wuhan

The onset of the crisis in Wuhan startled me like a jump scare in a horror movie. You’ve seen the kind I mean. The audience is led to believe that the monster, psycho killer—or what have you—pursuing the intended victim is still distant. Then whatever it is stands up from behind, leaps out in front, bursts ... Read More
Science & Tech

A Transhumanist Runs for President

Every now and then, our electoral system produces one of those quintessentially American characters who coopt the energy of the presidential voting cycle to become national celebrities or elevate an obscure social movement into greater popular visibility. In the current cycle, New Age guru Marianne Williamson, ... Read More
Science & Tech

A Transhumanist Runs for President

Every now and then, our electoral system produces one of those quintessentially American characters who coopt the energy of the presidential voting cycle to become national celebrities or elevate an obscure social movement into greater popular visibility. In the current cycle, New Age guru Marianne Williamson, ... Read More