Manufacturing Job Openings Highest Since Aug. '08
Although job openings in the U.S. manufacturing sector slipped slightly in April to 230,000 from 235,000 in March, they have remained above 200,000 for four straight months for the first time since the summer of 2008 (see chart above, data here). From the recessionary lows of 100,000 through mid-2009, manufacturing job openings have more than doubled to levels not seen since the summer of 2009, two years ago. We can expect ongoing improvements in America's manufacturing sector, both in terms of output and employment, as it continues to remain at the forefront of the economy recovery.
4 Comments:
I'm still having a hard time finding a Jop!
Bloomberg reports that jobless claims "unexpectedly rose" for last week to 427,000..1,000 more than the week before. Yup, it is always "unexpectedly".
bernie-
the "new normal" is that all bad news is "unexpected".
this is because our government is foolish enough to think that printing money creates growth. when you have the very basics that wrong, lots of things are going to surprise you.
There is still a long way to go before we get to pre-crash levels.
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