Record Level of Job Openings Doesn’t Mean the Labor Market is Tight

Record Level of Job Openings Doesn’t Mean the Labor Market is Tight

The labor department reported the number of job openings on the market is at a record high. The only problem is employers are not hiring at the same rate. This data could mean a certain number of things.  The first, it has simply gotten easier to post jobs. The technology available to small and big businesses allow companies to post applications near instantaneously.  These postings have the potential to reach thousands of people in a timely and cost efficient manner due to application sharing. This results in “fishing”. Employers will post job openings and are in no rush to fill said position. Fishing allows employers to find the best candidate while their postings are being shared through sites like linkedIn. This is just another way technology is ever changing the market and labor force.

To find more reasons behind the record level of job openings click here

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