Milestone for US job market: More openings than unemployed

[The Nature Boy 7,659]

http://www.foxnews.com/us/2018/06/05/milestone-for-us-job-market-more-openings-than-unemployed.html

 

First time in history 

[Umka36 781]

I'm actually having a difficult time hiring qualified candidates now. This bubble will burst sooner or later.

 

[Cyberfx1024 7,980]

5 minutes ago, Umka36 said:

I'm actually having a difficult time hiring qualified candidates now. This bubble will burst sooner or later.

 

What do you do if you don't mind me asking?

[Umka36 781]

Manage a finance department

[Steeleballz 7,550]

2 hours ago, Nature Boy Flair said:

http://www.foxnews.com/us/2018/06/05/milestone-for-us-job-market-more-openings-than-unemployed.html

 

First time in history 

 

  What about the folks who stopped looking? Are we counting them this time or not? 

[The Nature Boy 7,659]

1 hour ago, Steeleballz said:

 

  What about the folks who stopped looking? Are we counting them this time or not? 

Why would someone not be looking if there, are more jobs than people. 

[Sonea 138]

18 minutes ago, Nature Boy Flair said:

Why would someone not be looking if there, are more jobs than people. 

 

There are a handful of reasons. The top two are:

 

1. Aging population. Boomers are retiring so its natural that the participation rate drops but....

2. Its dropping more than it should. They key demographic are males without a degree - skills mismatch.

 

We haven't been able to hire any new employees for a year. This is partially due to housing costs vs wages.

[Cyberfx1024 7,980]

4 hours ago, Umka36 said:

Manage a finance department

I am completing my MBA now if you have vacancies. I have my undergraduate in Information Security 

[Steeleballz 7,550]

30 minutes ago, Nature Boy Flair said:

Why would someone not be looking if there, are more jobs than people. 

 

  At the end of 2015 when the federal bureau of labor had the unemployment rate at 5.0%, Trump claimed the "real" number was at least 20% and possibly as high as 42%, citing all the people who were not counted in the labor dept statistics. Just curious what number we are using now. The article doesn't really specify.

[Cyberfx1024 7,980]

18 minutes ago, Sonea said:

 

There are a handful of reasons. The top two are:

 

1. Aging population. Boomers are retiring so its natural that the participation rate drops but....

2. Its dropping more than it should. They key demographic are males without a degree - skills mismatch.

 

We haven't been able to hire any new employees for a year. This is partially due to housing costs vs wages.

What do you do and where?

[The Nature Boy 7,659]

15 minutes ago, Sonea said:

 

There are a handful of reasons. The top two are:

 

1. Aging population. Boomers are retiring so its natural that the participation rate drops but....

2. Its dropping more than it should. They key demographic are males without a degree - skills mismatch.

 

We haven't been able to hire any new employees for a year. This is partially due to housing costs vs wages.

I think the other poster was referring to people that have just stopped looking because they could not find work, which was a problem back when there were far more lookers than jobs .

 

You can tell people are working that would not otherwise be working, by some of the absolute wastoids you encounter in retail today 

[Steeleballz 7,550]

9 minutes ago, Nature Boy Flair said:

I think the other poster was referring to people that have just stopped looking because they could not find work, which was a problem back when there were far more lookers than jobs .

 

You can tell people are working that would not otherwise be working, by some of the absolute wastoids you encounter in retail today 

 

  The U-6 rate is at 7.3% right now. It was at 10.3% back in 2015. Where the rest of the 42% go?

 

   Obviously the 20% and 42% figures were pure BS, but that's the inherent problem with alternative facts. Eventually you have to reconcile them with reality, and often, that's when things no longer add up.

[The Nature Boy 7,659]

Just now, Steeleballz said:

 

  The U-6 rate is at 7.3% right now. It was at 10.3% back in 2015. Where the rest of the 42% go?

 

   Obviously the 20% and 42% figures were pure BS, but that's the inherent problem with alternative facts. Eventually you have to reconcile them with reality, and often, that's when things no longer add up.

Can you name one politician ever that has not exaggerated the truth.

 

All I really care about is the economy is red hot, ISIS is now really the junior varsity,  we are on the verge of true peace in Korea.

 

I recall Obama saying it would be impossible for us to hit 4 percent GDP.

[spookyturtle 9,466]

Many business owners I personally know are having trouble finding help. It started a few years ago here and has gotten worse. Help wanted signs everywhere. 

[Steeleballz 7,550]

3 minutes ago, Nature Boy Flair said:

Can you name one politician ever that has not exaggerated the truth.

 

All I really care about is the economy is red hot, ISIS is now really the junior varsity,  we are on the verge of true peace in Korea.

 

I recall Obama saying it would be impossible for us to hit 4 percent GDP.

 

  Honest Abe, yo!! Maybe George Washington?