ADP Employment Report Shows 158,000 Jobs for March 2013

ADP's proprietary private payrolls jobs report shows a gained of 158,000 private sector jobs for March 2013. ADP revised February's job figures up by 39,000 to 237 thousand, yet January's tally was revised down by 38,000 to a total of 177 thousand private sector jobs gained for the month. This report does not include government, or public jobs.

There Were 3.3 Unemployed Per Job Opening in January 2013

The BLS January JOLTS report, or Job Openings and Labor Turnover Survey shows there are 3.3 official unemployed per job opening. Actual hires increased 1.2% to 4.247 million after last month's plunge. Real hiring has only increased 17% from June 2009. Job openings also recovered slightly, up by 2.2% to 3.693 million, yet are still below pre-recession levels of 4.7 million. Job openings have increased 69.5% from July 2009. Some in the press are claiming hiring is on a rebound. Frankly hiring is not. Every month it is the same thing, not enough hiring and this has been going on now for over five years.

There were 3.3 Unemployed for every Job Available in November 2012

The BLS November JOLTS report, or Job Openings and Labor Turnover Survey shows there are 3.3 official unemployed per job opening. Opportunities, actual hires were flat lined, showing a stagnant, dead pool job market. While openings increased by 0.3%, actual hires had no change, 0.07%. There were 3.7 million job openings for November, still way below pre-recession levels of 4.7 million.

JOLTS - There were 3.4 People Looking for a Job for each Position Available in September 2012

The BLS September JOLTS report, or Job Openings and Labor Turnover Survey shows there are 3.4^* official unemployed per job opening. Opportunities, actual hires and layoffs were all down, showing a stagnant, dead pool job market. While openings decreased by -2.7%, actual hires declined by -5.7%.

Job JOLTS - There 3.5 People Looking for a Job for each Position Available in August 2012

The BLS JOLTS report, or Job Openings and Labor Turnover Survey describes the pathetic job market. Once again, little has changed, the never ending drum beat and mantra of our dead in the water labor market never ceases. The August 2012 statistics show there were 3.52 official unemployed persons for every position available^*.

Displaced Worker Report Shows Not Enough People Are Landing New Jobs

The BLS released their displaced workers survey and the results paint a dark and foreboding picture for the American worker. Of the people who lost their jobs through offshore outsourcing, plant closures, business failures and layoffs during 2009-2011, by January 2012 only 56% of them had gotten another job. These are people who held the job they lost three years or longer and there were a whopping 6.12 million people in this category.

What's more disturbing, as if that's not enough, is the age breakdown of displaced workers who were in a job three years or longer. While the job losses seem reasonably evenly distributed, those finding other jobs appear not to be, as shown in the below four pie charts.

displacedworkersage

Job JOLTS - There were 3.4 Unemployed People per Job Opening for June 2012

The BLS JOLTS, or Job Openings and Labor Turnover Survey reports the never ceasing abysmal jobs market. The June 2012 statistics show there were 3.39 official unemployed persons for every position available^*. There were 3,762,000 job openings for June 2012, a 2.87% increase from the previous month of 3,657,000. Openings are still way below pre-recession levels of 4.7 million. Job openings have increased 72% from their July 2009 trough, yet opportunities are miles away from the 1.8 persons per job opening ratio at the start of the recession, December 2007. There are some in the press who focus on levels, to make the job market seem better than it is. Not so, it's still horrific. Below is the graph of June official unemployed, 12.749 million, per job opening.

job openings per official unemployed

BLS Employment Report Seasonal Adjustment Hysteria Coated with Birth/Death Paranoia

There are some absolutely ridiculous articles on the July jobs report. Some are proclaiming the economic slowdown is over, which is absurd on it's face. One cannot conclude that from one month of payrolls data which will probably be revised.

Job Study Tells a Terrible Tale for U.S. Workers

The BLS released a longitude survey, which tracks the last of the pack of baby boomers and their jobs over 30 years. One the most damning findings is how many people middle aged are lasting in a job. When late baby boomers were in their 40's, a third of them had jobs which didn't last a year and almost 70% of 'em were out of a job in less than five years.

Job JOLTS - There are 3.5 Unemployed People Per Job Opening for May 2012

The BLS JOLTS, or Job Openings and Labor Turnover Survey reports the never ceasing abysmal jobs market. The May 2012 statistics show there were 3.5 official unemployed persons for every position available^*. There were 3,642,000 job openings for May 2012, a 5.7% increase from the previous month of 3,447,000. Openings are still way below pre-recession levels of 4.7 million. Job openings have increased 67% from their July 2009 trough, yet opportunities are miles away from the 1.8 persons per job opening ratio at the start of the recession, December 2007. Below is the graph of May official unemployed, 12.72 million, per job opening.

job openings per official unemployed

Job openings are all types of jobs, temporary, part-time, seasonal and full-time. Hires are U.S. citizens, permanent residents, illegals and foreign guest workers.

bls