Tuesday, July 28, 2009

Someone's Still Hiring

To continue our look at the nation's unemployment figures, according to the Bureau of Labor Statistics, there were 2.6 million job openings in the U.S. as of the end of May. That's jobs that companies are actively seeking employees for. Nearly 4 million Americans got hired for new jobs in the month of May alone.

If 2.6 million job openings seems like a lot, note that as recently as a year ago, there were more than 4 million job openings in the U.S.; the number has fallen by 36 percent in 12 months.

And remember too there are something like 140 million people who have jobs right now, along with roughly 14.7 million unemployed. Even if all of the perfect candidates from the ranks of the unemployed came along to fill each of those 2.6 million jobs, the unemployment rate in this country would still be nearly 8 percent.

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