business

U.S. job openings hit 10.1 million and labor market still strong despite Fed efforts to cool economy

7 Comments
By PAUL WISEMAN

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Food jobs are easy to find. Any low-skill job is. Some of the harder jobs to find are being filled with people who don't have the right experience, so service is suffering. I've seen this with contractors as we try to get our house fixed after some water damage that happened in 2022. People/Contractors won't show up ... months have expired. The overall project manager has ZERO training in being a project manager and his mistakes have wasted at least 3 months for what is going to be less than 7 days of actual work. The project manager does bring other, necessary, skills, to the team and he just needs 3 days of intensive PM training to have better control over all the different efforts he's been assigned.

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Key reason why US inflation's entrenched, lack of labor supply, especially low paying service sector, means pay raises to attract workers!

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Those are jobs with zero (0) future.

I went through over 60 pages of Indeed . Com jobs yesterday and they’re all the same jobs from six months ago.

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WA4TKGToday  01:11 pm JST

Those are jobs with zero (0) future.

Some believe mailroom to boardroom still possible with enough grit and street smarts!

We can all take action to make our future brighter, unless of course WWIII hits, then it's lights out, party's over, cockroach and insect era begins, they can write about us idiots in couple hundred million years...or more!

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"Demand for workers is still strong and the labor market is largely continuing to chug along nicely,'' said Nick Bunker, research director at the Indeed Hiring Lab.

The US job market is amazingly resilient for awhile now

Despite the Fed trying to slow inflation down, despite the recession fears, it still chugs along

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Key reason why US inflation's entrenched, lack of labor supply, especially low paying service sector, means pay raises to attract workers!

Some amount of that is present but the beauty of a market economy is it all gets sorted in the end. I'd much rather be in the US position than the Chinese one of dealing with party failures.

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Never be like CCP China.

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