US employers posted a record number of available jobs in March, clearly reflecting the frustration of businesses looking for new workers as economies expand
WASHINGTON – US employers posted a record number of available jobs in March, as the frustration of businesses trying to recover new businesses is expected to emerge from the country’s epidemic and expand the economy.
According to the Labor Department’s report released on Tuesday, the total job gain increased only marginally. According to an April report last week, this was far weaker than anticipated, largely because companies are unable to find workers who have unemployment rates higher than 6.1%.
The government said that job openings rose nearly 8% in March, to 8.1 million, back to December 2000. Yet that month grew by 4% to 6 million overall. The hiring number is a gross figure, while the government jobs report – which said that 770,000 jobs were added in March – uses the total. Tuesday’s report is known as the Job Opening and Labor Turnover Survey or Jobs.
A separate survey of small businesses by the National Federation of Independent Businesses found that 44% had jobs they could not fill, also a record high.
Michael Pearce, an economist at Capital Economics, said the NFIB and JOELS added evidence to an April employment report that the labor shortage is widespread, acting as a brake on price increases and recovery.
Job postings grew in most industries, including restaurants, bars, and hotels; Manufacturing; Construction; And retail. They fell into health care and transportation and storage.
The sheer number of openings will likely add fuel to a political controversy over whether an additional $ 300 in weekly federal unemployment assistance, on top of a state payout that averages around $ 320, will be available to those out of work looking for new work. Is discouraging. Many Republicans in Congress have argued that it is, and many states have threatened to cut $ 300 payments, with Georgia the latest state to consider such a move.
President Joe Biden, who included additional money in his $ 1.9 trillion rescue package approved in March, disputed that the $ 300 supplemental payment was to be blamed on Monday. But he urged the Labor Department to work with the states afresh so that those who get help find jobs and take a position if offered. The job search rule was suspended during the epidemic when many businesses closed.
“Anyone collecting unemployment is offered a suitable job or has to take unemployment benefits,” said Biden.
Many out-of-work people are also reluctant to take up jobs in service industries requiring contact with the public for fear of contracting COVID-19. And many women are not looking for jobs, because they have not found child care for children who are still at home, who are taking online classes for at least part of the week.