US Job Openings Hit Fresh Record High

SlugSlinger

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What does this mean to us? Less production of goods and higher prices on what is left.



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The number of job openings in the US rose by 749,000 from a month earlier to a new series high of 10.934 million in July 2021, and well above market expectations of 10.0 million, adding to signs of labor supply constraints.
Job openings increased in several industries, with the largest gains in health care and social assistance (+294,000); finance and insurance (+116,000); and accommodation and food services (+115,000). The openings level was up in the Northeast, South, and West regions.

Meanwhile, the number of hires declined by 160,000 to 6.667 million, while total separations including quits, layoffs and discharges, and other separations rose by 174,000 to 5.786 million.

2021-09-08
 

SlugSlinger

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We are seeing the great resignation that has been happening for a while as you can see in the graph. In what world do you see job openings going up and hiring employees going down? In know, a liberal utopia!

Anyone remember this?

March 22, 2012

Pelosi: Obamacare Allows You to Quit Your Job and Become 'Whatever'​

House Minority Leader Nancy Pelosi (D-Calif.) said Thursday that Obamacare facilitates the type of “liberation” that the “Founders had in mind” because it allows you to quit your job and become a “photographer,” a “writer,” a “musician”--or “whatever.”

“As you hear from these stories, this is a liberation,” Pelosi said at a Capitol Hill news conference Thursday.

“This is what our founders had in mind--ever expanding opportunity for people.

“You want to be a photographer or a writer or a musician, whatever -- an artist, you want to be self-employed, if you want to start a business, you want to change jobs, you no longer are prohibited from doing that because you can’t have access to health care, especially because you do not want to put your family at risk,” she said.

The House Democratic Leader appeared alongisde House Minority Whip Steny Hoyer (D-Md.) and Rep. James Clyburn (D-S.C.), to celebrate the health care law that was passed two years ago Friday.
 

Buddhaman

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The point is people are looking for work that pays better. Folks were told that McDonalds wasn’t the way to make a living and when they were on unemployment they had time to reflect on that. Now nobody wants to work for crap pay and employers are seeing that.
 

joegrizzy

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most of the five hundo companies employing the most americans went bankrupt *at least* once during my lifetime.
they should have failed; i mean they did fail. there should have already been other businesses to replace them. maybe businesses that would have paid more or maintained production in america.

guess not.
 
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