1. In North Dakota, there are more advertised online jobs available (17,000) than unemployed workers (12,540) for a Supply/Demand ratio of less than 1 (0.74). Nationally, there are 2.91 unemployed workers for each online job available (12.758 million unemployed and 4.383 million advertised openings).
2. For the occupation "Computer and Mathematical Scienc
e," there are five times as many openings (595,000) as unemployed workers (131,600) for a Supply/Demand ratio of 0.20, and the average hourly pay for that occupation is $37.13. See related Bloomberg article
on the new surge in technology-industry hiring as demand swells for computer-software applications.
3. For "Healthcare practitioners and technical," there are 2.5 openings (597,000) for every unemployed worker (244,200), for a Supply/Demand ratio of 0.40, and pay averages $34.27 per hour.
4. There are slightly more openings for "Architecture and engineering" (168,000) than unemployed workers (141,400), for a Supply/Demand ratio of 0.90, with average pay of $36.32 per hour.
Bottom Line: For certain occupations (computer science and health care), and in certain states (North Dakota), there are actually labor shortages.