News from RI Temps RI Personnel - Family owned employment staffing company in Rhode Island

News and thoughts about the Rhode Island job market

There are more jobs than people out of work

Posted on: 06.06.18

There are 6.7 million job openings and just 6.4 million available workers to fill them

Read more

There are more jobs than people out of work

Posted on: 06.06.18

There are more jobs than people out of work, something the American economy has never experienced before
• There are 6.7 million job openings and just 6.4 million available workers to fill them, according to the Bureau of Labor Statistics.
• April marked the second month in a row that there were more vacancies than available hires, a phenomenon that had not happened before 2018.
• Despite the mismatch, sizeable wage gains remain elusive, with average hourly earnings up just 2.7 percent over the past year.
Jeff Cox | CNBCcom
Published 12:25 PM ET Tue, 5 June 2018 Updated 21 Hours Ago CNBC.com

The jobs market has reached what should be some kind of inflection point: there are now more openings than there are workers.
April marked the second month in a row this historic event has occurred, and the gap is growing.
According to the monthly Survey released Tuesday, there were just shy of 6.7 million open positions in April, the most recent month for which data are available. That represented an increase of 65,000 from March and is a record.

Read more

Back to Top