Job openings soar to highest level on record – Portland, Oregon

Portland, Oregon 2021-05-11 14:42:50 –

The Employment Sign will offer a $ 500 bonus outside the McDonald’s Restaurant in Cranberry Township, Butler County, Pennsylvania, Wednesday, May 5, 2021. People as the economy expands. Still, according to a Ministry of Labor report published on Tuesday, May 11, total employment growth for the month increased only slightly (AP Photo / Keith Srakocic).

Washington (AP) — US employers posted a record number of available jobs in March. This underscores the despair of companies trying to find new workers as the country breaks out of the pandemic and the economy expands.

Still, the increase in total employment increased only slightly, he said. Ministry of Labor report issued on Tuesday..The numbers are: April Job Report It was much weaker than expected last week, mainly because companies seem unable to find the workers they need, despite the unemployment rate rising to 6.1%.

According to the government, job vacancies increased by nearly 8% to 8.1 million in March, the highest record dating back to December 2000. Still, overall employment for the month increased by less than 4% to 6 million. The number of jobs is total, but the government’s employment report (which states that 770,000 jobs were added in March) uses the net total. Tuesday’s report is known as the Jobs and Turnover Survey, or JOLTS.

Another survey of small businesses by the National Federation of Independent Businesses found that 44% had jobs they couldn’t meet, which was also a record high.

Michael Pierce, an economist at Capital Economics, said the NFIB and JOLTS added evidence from the April employment report that labor shortages could be widespread, pushing prices up and acting as a brake on recovery. I’m doing it. “

Job listings have increased in most industries, including restaurants, bars and hotels. Manufacturing; Construction; and retail. They fell into healthcare and transportation and warehousing.

A huge number of jobs are about whether a state payment of about $ 320 on average, plus an additional $ 300 of weekly federal unemployment aid, discourages those who are absent from looking for new jobs. May add fuel to political controversy. Many Republicans in Congress claim this, and some states have threatened to cut off $ 300 payments. Georgia latest state Consider such a move.

President Joe Biden, who included additional money in the $ 1.9 trillion bailout package approved in March, argued that the additional $ 300 payment was due to Monday. However, he also urged the Ministry of Labor to work with the state to renew the requirement that people receiving assistance look for a job and, if offered, have to get a job. Job hunting rules were suspended during a pandemic in which many companies were closed.

“Anyone who is collecting unemployment who has been offered the right job must get the job or lose unemployment benefits,” Biden said.

Many people who are absent from work are also reluctant to get a job in the service industry, which requires contact with the public, for fear of being infected with COVID-19. And many women aren’t looking for a job because they haven’t been able to find childcare for their children who are still at home and taking online classes for at least part of the week.

Job openings soar to highest level on record Source link Job openings soar to highest level on record

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