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Labor Demand Down Again, Continuing Unemployment Trend
nline advertised vacancies were down 43,500 in September to 3,947,100, according a Conference Board study released today. The September drop follows a decline of 164,000 in August and a decrease of 217,000 in July. The Supply/Demand ratio stands at 3.50, meaning there were 3.5 unemployed for every online advertised vacancy in August, the latest monthly data available for unemployment. Nationally, there are 10 million more people officially unemployed (9.98 million) than advertised vacancies under the “no jobs” Obama Administration. Continue reading
Posted in auto news, economy, labor issues, manufacturing, results
Tagged auto informed, auto news, autoinformed, autoinformed.com, automotive news, conference board, employment advertising, jobs, Ken Zino, labor demand, no jobs obama administration, u.s. unemployment, unemployment, zino
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