Winning: Job Openings Hit New Record High of 7.1 Million

ㅤ"The monthly Job Openings and Labor Turnover Survey, or JOLTS, released by the Labor Department on Tuesday showed job openings rose to 7.136 million. Economists had forecast 6.9 million.
ㅤThe prior month was revised up to 7.077 million, the first time this number has ever exceeded 7 million. Until April of 2017, there had never been more than 6 million job openings."

Full story at Breitbart. Posted here on 10/16/18. See "economy, job openings, labor demand."

GREAT TRUMP: U.S. Job Openings Hit Record High

ㅤ"President Trump’s economy continues to soar: a new report released on Tuesday from the Labor Department stated that in July, U.S. job openings jumped to a new record and the biggest share of workers since 2001 quit their jobs.
ㅤAs Bloomberg reported, ‘Job postings exceeded the number of unemployed people by 659,000 in July, the most in data back to 2000. Along with the number of quitters, the gap helps explain why wages rose in August at the fastest pace since 2009, as employers struggle to find qualified workers and Americans become more confident in leaving their jobs for better pay elsewhere.’
ㅤThe quits rate increased substantially because the share of private-sector employees deciding pastures were greener elsewhere climbed to 2.7%, the highest since 2001. Federal Reserve Chairman Jerome Powell pointed out that the quits rate suggested the economy is near full employment.
ㅤThe National Federation of Independent Business (NFIB) reported that 38% of U.S. small businesses could not fill their job openings in August; that was the highest percentage since 1973. The NFIB also stated that its Small Business Optimism Index jumped to 108.8 in August, the highest level ever recorded in the survey’s 45-year history.’"

Full story at Ben Shapiro’s Daily Wire. Posted on 9/12/18. See "economy, job openings, job postings, jobs."