Job Openings Are at Record Highs. Why Aren’t Unemployed Americans Filling Them?
A mismatch between available workers and job openings is plaguing the labor market as potential employees leave cities or industries where businesses need them most.
The Labor Market May Be Tighter than the Level of Employment Suggests
With payroll employment remaining well below its prior peak, slow job growth would typically suggest weak demand for labor from firms and limited employment opportunities for job seekers. Current conditions in the labor market, however, may be far from typical.