Wednesday, May 13, 2009

Me and 4 Others

This isn't very encouraging.

The Bureau of Labor Statistics monthly Job Openings and Labor Turnover Survey (JOLTS) report was released Tuesday, and it lived up to its acronym. In March, the number of job openings decreased by another 256,000. That made for a total of 2.7 million job openings. In December 2007, when the recession began, there were 4.4 million openings. With 13.2 million Americans officially out of work, that means there are now 4.8 unemployed people for every available job.

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