Job openings SURGE to 8.1 million, but businesses struggle to hire workers.

[powderman]

   
Job openings SURGE to 8.1 million, but businesses struggle to hire workers.
« on: Today at 10:38:36 AM »

https://www.foxbusiness.com/economy/job-openings-record-businesses-struggle-hire-workers#&_intcmp=hp1r_2,hp1r

Job openings surge to record 8.1M, but businesses struggling to hire workers
The number of available positions increased to 8.12 million during March

By Megan Henney FOXBusiness
close

Nancy Pelosi using 'disappointing' jobs report to push additional spending
U.S. job openings climbed to a record high in March, highlighting the growing demand for workers as more Americans are vaccinated and states reopen their economies.

placeholder
The number of available positions increased to 8.12 million during the month, the highest in data that dates back to 2000, according to the Labor Department's Job Openings and Labor Turnover Survey, or JOLTS. It marked an increase from the upwardly revised 7.53 million open jobs in February.

"The increase puts job openings 16% over pre-crisis levels and points to surging labor demand as the economy reopens," said Daniel Zhao, a senior economist at Glassdoor.

WHAT BIDEN'S CAPITAL GAINS TAX PROPOSAL COULD MEAN FOR YOUR WALLET

But many companies have reported difficulties in onboarding new employees, and the report showed that job vacancies exceeded hires by more than 2 million, the largest gap on record. Nearly half – 44% – of small businesses have said they could not fill open jobs in April, according to the National Federation of Independent Business.


Experts have suggested there could be several reasons for the seeming labor shortage, including lack of available child care, fear over contracting COVID-19 or the extra $300-a-week boost in federal unemployment benefits.

The debate over the sweetened jobless aid intensified last week following the release of the Labor Department's April payroll report, which showed that employers added 266,000 jobs last month – sharply missing the 1 million forecast by Refinitiv economists.

PELOSI OPENS DOOR TO LIFTING SALT TAX CAP IN BIDEN'S $2.25T SPENDING BILL


Republican lawmakers were quick to blame the supplemental benefit for one of the biggest downside misses on record, with Rep. Kevin Brady, the ranking member on the tax-writing House Ways and Means Committee, accusing the Biden administration of "sabotaging our recovery."

"The White House is also in denial that many businesses – both small and large – can’t find the workers they need … because the benefits are discouraging work," Brady, R-Texas, said.

But President Biden on Monday rejected a call by Republicans to end, or severely curtail, the $300-a-week unemployment benefit extension included in the American Rescue Plan.

"We’ll insist that the law is followed with respect to benefits, but we’re not going to turn our backs on our fellow Americans," Biden said. "Twenty-two million people lost their jobs in this pandemic, through no fault of their own. For many of those folks, unemployment benefits are a lifeline."

GET FOX BUSINESS ON THE GO BY CLICKING HERE

There are roughly 8.2 million fewer jobs than there were in February 2020, before the pandemic forced an unprecedented shutdown of the nation's economy.

[Goldie]

Take away the government handouts and they will come back to work. Pretty easy to figure it out.

[DEACONLLB]

Why work when you can draw 800 per week from unemployment. There are lots of jobs but the hour wage is way less than the workers are willing to work for.

Deaconllb

[Dee]

That's about the size of it.

[Doublebass73]

Pedophile Joe insists it's not because people are getting paid more on unemployment than at their jobs...

[powderman]

Why work when you can draw 800 per week from unemployment. There are lots of jobs but the hour wage is way less than the workers are willing to work for.

Deaconllb

TRUE, but another thing is that those hiring are for PART TIME jobs. 4-6 hours a day is a hobby, NOT a job and you can NOT feed a family on that. Workers fault?? NOPE, greedy companies. A lot of these places will work part timers 4-6 hours a day, 5 or 6 days a week and change days off every week so employees can't work another job to make ends meet. I used to work full time at walmart. They considered full time to be 28- 32 hours a week. They pulled all kinds of tricks to stress full timers to quit, I finally cracked.

They would transfer people all over the store hoping the employee wouldn't like it and quit. What finally broke me was being forced to work 3 different shifts in 5 days several wks straight and changing off days weekly. For a heart patient, they got me, I got to having bad chest pains daily. I was called in the office and told they were bumping me to part time because my weekly avg for a month dropped to 27.5 hours a month, I said NOPE, you cut my hours, not me. He said looks like you missed 1/2 a day, that musta dropped it below. I said nope, MGR approved for dr appt. They quit hiring full time 3-4 years before I quit. CHARLIE. 

[Ranger99]

Other side of the coin,  a whole bunch
of small businesses have been pushed
over the cliff since all this covid mess
that were starting to see daylight before.
A friend in that situation is sitting at
home right now. If it weren't for other
things they're doing to cope, they'd
probably be homeless. They've never
been those kind that live extravagantly.
No new cars, no satellite, no restaurants

[Doublebass73]

There's help wanted signs everywhere in my area.

[Ranger99]

Without any sugar coating,
If you're not hispanic, you're
not getting a job within walking
distance from here