United States employers posted a record number of available jobs in March, illustrating starkly the desperation of businesses trying to find new workers as the country emerges from the coronavirus pandemic and the economy expands.
Yet total job gains increased only modestly, according to a US Department of Labor (DOL) report issued Tuesday. The figures follow an April jobs report last week that was far weaker than expected, largely because companies appear unable to find the workers they need, even with the unemployment rate elevated at 6.1 percent.
Job openings rose nearly 8 percent, to 8.1 million in March, the most on records dating back to December 2000, the government said. Yet overall hiring that month rose less than 4 percent to 6 million.
Job openings in US surge to a record high 8 12 million gazettextra.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gazettextra.com Daily Mail and Mail on Sunday newspapers.
May 14, 2021
During his final year as president, Donald Trump signed an executive order establishing a National Garden of American Heroes.
Trump s move was a reaction to calls to take down statues honoring disgraced historical figures like Confederate generals.
Evangelical preacher Billy Graham and former President Ronald Reagan were to be honored at Trump s sculpture garden.
On Friday, Biden revoked Trump s executive order, CNN s Kevin Liptak reported.
Biden just officially revoked the executive order for the National Garden of American Heroes that Trump signed last year Kevin Liptak (@Kevin Liptak)1621021274.0 CONTINUE READING Show less May 14, 2021
Four white men from Pennsylvania are facing charges after they attacked a Black at a bar in the town of Sharon, the Sharon Herald reports.
A separate survey of small businesses by the National Federation of Independent Business found that 44% had jobs they couldn t fill, also a record high.
The NFIB and JOLTS “add to evidence from the April employment report that labor shortages are widespread, pushing up prices and potentially acting as a brake on the recovery,” said Michael Pearce, an economist at Capital Economics.
Job openings increased in the accommodation and food service sectors, with restaurants, bars and hotels leading the surge. There were an additional 155,000 job openings in state and local government education. Vacancies also increased in manufacturing, trade, transportation and utilities industries as well as in finance. But vacancies dropped in the healthcare and social assistance industry.
44% of Surveyed Small Businesses Can t Find Workers to Fill U.S. Jobs
On 5/11/21 at 1:24 PM EDT
A survey conducted by the National Federation of Independent Business shows a record high of small businesses are struggling to hire workers as the U.S. emerges from the COVID-19 pandemic and the economy expands.
The 44% of businesses that reported being unable to find enough workers reflects a recent U.S. jobs report, released Tuesday, that shows a record high of 8.1 million openings across the country.
While demand for labor increased, wages and benefits saw modest rises, according to the Labor Department report. An April jobs report, released last week, was far weaker than expected, mostly because employers are unable to find the workers they need, even with the unemployment rate elevated at 6.1 percent.