{"id":3743,"date":"2011-03-08T05:05:41","date_gmt":"2011-03-08T12:05:41","guid":{"rendered":"http:\/\/www.jasonapollovoss.local\/?p=3743"},"modified":"2018-09-21T02:08:00","modified_gmt":"2018-09-21T06:08:00","slug":"job-openings-are-increasing","status":"publish","type":"post","link":"https:\/\/jasonapollovoss.com\/web\/2011\/03\/08\/job-openings-are-increasing\/","title":{"rendered":"Job Openings Are Increasing"},"content":{"rendered":"<p><span style=\"font-size: 16px;\">Yesterday, according to the Conference Board the number of job openings listed online in the United States grew by 400,000 to 4.2 million last month.\u00a0 In percentage terms this is a 10.5% increase.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-size: 16px;\"><strong>Analysis:<\/strong> Clearly this is good news and is among a number of recent positive labor market signs, including the recent <a href=\"https:\/\/jasonapollovoss.com\/web2011\/03\/04\/what-my-intuition-tells-me-now-unemployment-data-for-februaray-are-better\/\" target=\"_blank\" rel=\"noopener\">unemployment figures for February<\/a>.\u00a0 For the number of actual new jobs to grow businesses have to actively be prospecting for candidates.\u00a0 An increase in one month of over 10% is a fantastic result and indicates an interest in hiring.\u00a0 This is the continuation of a trend that began almost two years ago.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-size: 16px;\">While the number of job openings growing is good news, what is not good news is that the length of time it takes for a company to make a hiring decision has lengthened.\u00a0 This is a polite way of saying that it is a buyers&#8217; market &#8211; if you are a buyer of labor.\u00a0 That is, companies know that there are many qualified candidates out there and they are taking their time to find the &#8220;best&#8221; candidate.\u00a0 Sadly, this is one of the frequently untold consequences of a recession on the general population.\u00a0 In boom times, when labor is scarce, it is very easy to find a job and to find one quickly.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-size: 16px;\">In the meantime, we will take this news for what it is: a positive sign, if not a definitive sign, that the labor market has improved.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-size: 16px;\"><strong>Importance grade:<\/strong> 6; while it may seem as if this is very important data, the fact is that actual jobs created is a substantially more important number.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-size: 16px;\">Jason<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Yesterday, according to the Conference Board the number of job openings listed online in the United States grew by 400,000 to 4.2 million last month.\u00a0 In percentage terms this is a 10.5% increase. &nbsp; Analysis: Clearly this is good news and is among a number of recent positive labor market signs, including the recent unemployment [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[3],"tags":[],"class_list":["post-3743","post","type-post","status-publish","format-standard","hentry","category-the-blog"],"_links":{"self":[{"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/posts\/3743","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/comments?post=3743"}],"version-history":[{"count":0,"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/posts\/3743\/revisions"}],"wp:attachment":[{"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/media?parent=3743"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/categories?post=3743"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/tags?post=3743"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}