Stimulytpo! Job Openings Soar To All-Time High 9.3 Million As “Not In Labor Force But Want A Job” Declines Creating Gap Of 2.64 Million Excess Openings

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by confoundedinterest17

A picture is worth a thousand words.

The good news? Job openings soared to an all-time high of 9.3 million. The bad news? There are 2.64 million more job openings than people who want a job.

It would seem that employers will have to pay a premium to attract those who claim to want to work, but aren’t in the labor force.

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Just like most jobs reports, the jobs are mostly low income jobs like restaurant and bar tender jobs. Or entry-level manufacturing jobs.

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Why is Powell And The Fed keeping so much monetary stimulus going? And why does Biden want to pump $8 trillion into an already overheated economy?

 

 

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