There are more jobs than people out of work, something the American economy has never experienced before

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There are more jobs than people out of work, something the American economy has never experienced before

CNBC’s latest article by Jeff Cox quoting DataTrek co-founder Jessica Rabe on the Job Openings & Labor Turnover Survey out today:

“The jobs market has reached what should be some kind of inflection point: There are now more openings than there are workers.

April marked the second month in a row this historic event has occurred, and the gap is growing….

“This is the ongoing difficulty of employers finding qualified workers. The disparity between job openings and hiring is over a million again for the second month in a row,” said Jessica Rabe, co-founder of DataTrek Research. “In terms of wages, it’s hard to increase wages when you don’t have the proper qualifications for a worker to fill that role.”….

Read the full article here on CNBC by Jeff Cox!