Job Openings Rise. Tight Labor Market Continues.
|With the release of September jobs numbers this week, let’s look back at the last few months. After falling in June and July, job openings rose in August. The labor market remains tight.
Why it matters: As of the end of August there were 3.3 million more job openings than unemployed workers, 176,000 more than in July.
Big picture: The trend of more job openings than unemployed workers is likely to remain. Policymakers can address this by:
Dig deeper: The Chamber’s America Works Initiative is tackling these issues to help employers develop and discover the talent they need and advance economic opportunity.