{"id":247556,"date":"2021-05-11T20:37:54","date_gmt":"2021-05-11T17:37:54","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/us-job-openings-soar-as-companies-struggle-to-hire-workers\/"},"modified":"2021-05-11T20:37:54","modified_gmt":"2021-05-11T17:37:54","slug":"us-job-openings-soar-as-companies-struggle-to-hire-workers","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/us-job-openings-soar-as-companies-struggle-to-hire-workers\/","title":{"rendered":"#US job openings soar as companies struggle to hire workers"},"content":{"rendered":"

“#US job openings soar as companies struggle to hire workers<\/strong>”<\/p>\n

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US job openings soared to a record 8.1 million in March while companies struggled to recruit new workers as the economy continued to heat up, the feds said Tuesday.<\/p>\n

Total openings rose almost 600,000 compared to February, according to the Labor Department\u2019s Job Openings and Labor Turnover Survey, or JOLTS. The 8.1 million openings is the highest level reported since the data series<\/a> began in December 2000, the feds said.<\/p>\n

Hiring increased to just 6 million in March from 5.8 million the month before, reflecting the largest gap between vacancies and hires on record.<\/p>\n

The spike in the number of openings in March comes after the feds said last week that the US added just 266,000 jobs in April, far below the 1 million new jobs economists expected.<\/p>\n

Companies across industries have confirmed that they\u2019re struggling to recruit new workers, constraining economic growth just as businesses finally re-emerge from the pandemic.<\/p>\n

\"A
Droves of companies have said they are struggling to find employees to fill job openings, citing pandemic-related issues.<\/figcaption>
Justin Sullivan\/Getty Images<\/span><\/figcaption><\/figure>\n

The latest data on openings gives more weight to the argument that there\u2019s an ongoing labor shortage, according to Jamie Cox, managing partner for Harris Financial Group.<\/p>\n

\u201cBasically, JOLTS demonstrates a surge in labor demand brought about by the reopening of the economy, which is the reverse of the same period a year ago,\u201d Cox said. \u201cIt is important for people to remember that while the economy is re-opening, that re-opening is incomplete, bumpy, and comes after a year where being away from a frontline service job make returning to it less app<\/a>ealing, given other alternatives.\u201d<\/p>\n

\"Montana
Montana Gov. Greg Gianforte announced his state\u2019s two-month early withdrawal from the federal unemployment program.<\/figcaption>
Pete Marovich\/Getty Images<\/span><\/figcaption><\/figure>\n

Economists have identified a variety of factors keeping unemployed workers from taking new jobs. One of the key factors, according to Curt Long, chief economist at the National Association of Federally-Insured Credit Unions, is pandemic-boosted unemployment benefits. He added that childcare concerns could also be keeping many at home and out of the job market.<\/p>\n

At least one state has already moved to end the extra unemployment benefits early, citing the labor shortage as a reason. Montana Gov. Greg Gianforte announced <\/a>last week that the state would end its participation in the federal unemployment program on June 27, more than two months early.\n <\/div>\n

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Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

“#US job openings soar as companies struggle to hire workers” US job openings soared to a record 8.1 million in March while companies struggled to recruit new workers as the economy continued to heat up, the feds said Tuesday. Total openings rose almost 600,000 compared to February, according to the Labor Department\u2019s Job Openings and…<\/p>\n","protected":false},"author":1,"featured_media":247557,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2021\/05\/us-job-openings-soar-hp.jpg?quality=90&strip=all&w=1200","fifu_image_alt":"","footnotes":""},"categories":[70897],"tags":[105323,5069,5070,5071],"class_list":["post-247556","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-5-11-21","tag-economy","tag-jobs","tag-unemployment"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/247556","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=247556"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/247556\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/247557"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=247556"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=247556"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=247556"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}