Join the Meeting Place for Moms!
Talk to other moms, share advice, and have fun!

(minimum 6 characters)

U.S. Job Openings Surge to Record in Sign of Robust Labor Demand

Posted by on Aug. 8, 2017 at 1:31 PM
  • 18 Replies

A June surge in U.S. job openings to a record indicates demand for workers remained strong at the end of the second quarter, a Labor Department report showed Tuesday.

HIGHLIGHTS OF JOB OPENINGS (JUNE)

  • Number of positions rose by 461k, most in almost two years, to 6.163m (est. 5.75m) from upwardly revised 5.702m in May
  • Hiring fell to 5.36m from 5.46m; hiring rate held at 3.7%
  • 3.13m Americans quit their jobs, down from 3.21m; quits rate fell to 2.1% from 2.2%
  • Layoffs up slightly to 1.7m from 1.67m

Key Takeaways

The gain in job openings underscores the need for workers in an economy that’s continuing to expand. At the same time, the pool of qualified Americans is shrinking and making some positions tougher to fill, one reason economists expect the monthly pace of hiring will eventually cool. July figuresreleased last week showed payrolls increased more than forecast while the unemployment rate matched a 16-year low, as Americans came off the sidelines to join the labor force and many found work.

The JOLTS report also showed fewer people quitting their jobs, considered a gauge of workers’ willingness to voluntarily leave because they’re confident of finding a better job. That indicates faster wage growth, which has remained elusive in recent years, may still take time to materialize. The quits rate, which remains near its post-recession high, is among indicators of labor-market slack that Federal Reserve Chair Janet Yellen monitors.

Other Details

  • There were 1.1 unemployed people vying for every opening in June, down from 1.9 people when the recession began at the end of 2007
  • Most industries showed a pickup in openings, including record postings for health care and social assistance and gains for professional and business services; retail showed a decline
  • In the 12 months through June, the economy created a net 2.3 million jobs, representing 63.4 million hires and 61.1 million separations
  • Although it lags the Labor Department’s other jobs data by a month, the Job Openings and Labor Turnover Survey report -- or JOLTS -- adds context to monthly payrolls figures by measuring dynamics such as resignations, help-wanted ads and the pace of hiring



https://www.bloomberg.com/news/articles/2017-08-08/job-openings-in-u-s-surged-to-record-6-16-million-in-june

by on Aug. 8, 2017 at 1:31 PM
Add your quick reply below:
You must be a member to reply to this post.
Replies (1-10):
OrangeBalloon
by Silver Member on Aug. 8, 2017 at 1:32 PM
3 moms liked this

Thank you, Obama. 

Billiejeens
by Ruby Member on Aug. 8, 2017 at 1:40 PM
1 mom liked this

You are aware of course that he presided over the slowest recovery in the history of history,  yes?

He is the only President to serve 2 full terms and never reach 3% growth.

The labor participation rate was the lowest in history.

More people could not support themselves without  Government help than ever before.

And he spent $10 Trillion to accomplish this disaster.

You continue to post idiotic nonsense,  it will remain idiot and nonsensical, and anyone with half a brain knows that if he could have had the type of success that President Trump has had it would have happened while he was in office, not now.

So you keep posting Thank you Obama for Trump's successes and reasonable people will keep thinking - there's personified delusion for sure.

Quoting OrangeBalloon:

Thank you, Obama. 


OrangeBalloon
by Silver Member on Aug. 8, 2017 at 1:44 PM
1 mom liked this

You are aware that the actions of every President takes time to fully feel? Not everything a President does can have an instantaneous effect. Usually where the economy is concerned it takes a few years for the impact to be fully felt. Trump has not been in office long enough to take credit. This economic spike is in fact Obama's doing. 

Quoting Billiejeens:

You are aware of course that he presided over the slowest recovery in the history of history,  yes?

He is the only President to serve 2 full terms and never reach 3% growth.

The labor participation rate was the lowest in history.

More people could not support themselves without  Government help than ever before.

And he spent $10 Trillion to accomplish this disaster.

You continue to post idiotic nonsense,  it will remain idiot and nonsensical, and anyone with half a brain knows that if he could have had the type of success that President Trump has had it would have happened while he was in office, not now.

So you keep posting Thank you Obama for Trump's successes and reasonable people will keep thinking - there's personified delusion for sure.

Quoting OrangeBalloon:

Thank you, Obama. 



-Celestial-
by Pepperlynn on Aug. 8, 2017 at 1:56 PM
1 mom liked this
Thanks Obama!
-Celestial-
by Pepperlynn on Aug. 8, 2017 at 1:59 PM
1 mom liked this
In fact, if Obama left a problem for Trump, it wasn't that the economy was too weak -- it was that the labor market was almost too strong. Employers may well be hiring faster if they weren't having so much trouble finding the workers they need.

http://money.cnn.com/2017/08/04/news/economy/jobs-trump-vs-obama/index.html
Billiejeens
by Ruby Member on Aug. 8, 2017 at 2:04 PM
1 mom liked this

The choice was that you were either delusional  due to your love of Obama, or you were an idiot.

I gave you the benefit of the doubt.

Quoting OrangeBalloon:

You are aware that the actions of every President takes time to fully feel? Not everything a President does can have an instantaneous effect. Usually where the economy is concerned it takes a few years for the impact to be fully felt. Trump has not been in office long enough to take credit. This economic spike is in fact Obama's doing. 

Quoting Billiejeens:

You are aware of course that he presided over the slowest recovery in the history of history,  yes?

He is the only President to serve 2 full terms and never reach 3% growth.

The labor participation rate was the lowest in history.

More people could not support themselves without  Government help than ever before.

And he spent $10 Trillion to accomplish this disaster.

You continue to post idiotic nonsense,  it will remain idiot and nonsensical, and anyone with half a brain knows that if he could have had the type of success that President Trump has had it would have happened while he was in office, not now.

So you keep posting Thank you Obama for Trump's successes and reasonable people will keep thinking - there's personified delusion for sure.

Quoting OrangeBalloon:

Thank you, Obama. 



OrangeBalloon
by Silver Member on Aug. 8, 2017 at 2:08 PM
1 mom liked this

Well that's funny that you're going crazy with your assuming. LOL. I think that for most part that Obama was an okay POTUS, but only okay because I think he could have been a lot tougher than he was. I think he was kind of a softy and that disappointed me. So my "love" for Obama can only extend so far. I'm not crazy goo goo eyed about him like some people are. But I can see his strengths and weakness as a President. 

It's also really telling that I can discuss this with you WITHOUT being degrading or insulting to you, yet you can't seem to avoid it. Sad. But also predictable. 

Quoting Billiejeens:

The choice was that you were either delusional  due to your love of Obama, or you were an idiot.

I gave you the benefit of the doubt.

Quoting OrangeBalloon:

You are aware that the actions of every President takes time to fully feel? Not everything a President does can have an instantaneous effect. Usually where the economy is concerned it takes a few years for the impact to be fully felt. Trump has not been in office long enough to take credit. This economic spike is in fact Obama's doing. 

Quoting Billiejeens:

You are aware of course that he presided over the slowest recovery in the history of history,  yes?

He is the only President to serve 2 full terms and never reach 3% growth.

The labor participation rate was the lowest in history.

More people could not support themselves without  Government help than ever before.

And he spent $10 Trillion to accomplish this disaster.

You continue to post idiotic nonsense,  it will remain idiot and nonsensical, and anyone with half a brain knows that if he could have had the type of success that President Trump has had it would have happened while he was in office, not now.

So you keep posting Thank you Obama for Trump's successes and reasonable people will keep thinking - there's personified delusion for sure.

Quoting OrangeBalloon:

Thank you, Obama. 




Mom2Just1
by Platinum Member on Aug. 8, 2017 at 3:16 PM
In my state the unemployment rate increased in all counties but one.
MsDenuninani
by A.Ham on Aug. 8, 2017 at 3:35 PM
1 mom liked this

Wages aren't rising

Labor demand is up, but not enough to actually raise the wages of potential employees.  That means demand isn't as strong as we'd all like it to be. 

joyfree
by Ruby Member on Aug. 8, 2017 at 3:37 PM

Mobile Photo



Quoting Billiejeens:

You are aware of course that he presided over the slowest recovery in the history of history,  yes?

He is the only President to serve 2 full terms and never reach 3% growth.

The labor participation rate was the lowest in history.

More people could not support themselves without  Government help than ever before.

And he spent $10 Trillion to accomplish this disaster.

You continue to post idiotic nonsense,  it will remain idiot and nonsensical, and anyone with half a brain knows that if he could have had the type of success that President Trump has had it would have happened while he was in office, not now.

So you keep posting Thank you Obama for Trump's successes and reasonable people will keep thinking - there's personified delusion for sure.

Quoting OrangeBalloon:

Thank you, Obama. 

Add your quick reply below:
You must be a member to reply to this post.
Join the Meeting Place for Moms!
Talk to other moms, share advice, and have fun!

(minimum 6 characters)