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· Absolute Shockers · ECONOMY

Unemployment Statistics: 4.6 Unemployed For Each U.S. Job Opening

We have written about unemployment statistics before. We spotted this today:

"There were 4.6 unemployed workers for every job opening in the United States in August, according to new data from the Labor Department.

That’s a slight tick up from July, because the number of unemployed rose slightly and the number of job openings fell.

The bottom line is, even if all job openings were filled overnight, there would still be about 11 million people who were still out of work."

Statistics Source: NYTimes

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