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Post #15451 183

Forwarded from TheTruthAddict 🏴 (Joel Walbert)

The US Now Has More Unemployed People than Job Openings

During July, total job openings fell to 7.18 million, slightly below the total number of unemployed persons—7.23 million—for the month. Perhaps more concerning than the gap between the two is the trend: job openings are trending downward while the total number of unemployed persons is trending upward. During July, the total number of unemployed persons hit a 46-month high.

https://mises.org/power-market/us-now-has-more-unemployed-people-job-openings
Mises Institute The US Now Has More Unemployed People than Job Openings This does not bode well for new potential workers entering the labor force. Remarkably, things look especially bad for recent college graduates.
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