Why don’t people want them?

The number of unfilled jobs in the United States in total 10.1 million, according to a report released in Washington. And the number is record high as the economy is also taking off with big numbers.

The phenomenon is occurring at a time when companies they struggle to find workers in sectors such as leisure and hospitality as the economy reopens.

“The share of vacancies despite the easing (of pandemic restrictions) in June remained at historically high levels“said Peter McCrory, analyst at JPMorgan.

The economy has reopened and its indicators have improved, but workers they did not rush to their employment in the amount provided.

The gap between vacancies (9.5 million in May) and hires (6 million in the same month) shows that companies they are struggling to find labor.

Job vacancies have increased in various sectors, with the largest increases in professional and business services (227,000); retail trade (133,000); and accommodation and food services (121,000).

What is happening: the reasons

The deficit was attributed to generous unemployment benefits and pensions, and career changes linked to the pandemic.

Some also believe that too many jobs are published unskilled and that there are not enough suitable candidates.

There are other reasons: the Covid-19 epidemics, the difficulty of obtaining daycare services at a time when many schools are closed. Childcare services it is not something accessible for many households.

In addition, if there are a large number of hires each month, there are also many layoffs. People voluntarily quitting his job because he is convinced that he will get something better.

The report released in Washington was made on the basis of the survey of new jobs and job rotation (Survey of job openings and workforce turnover – jolts) Yes determines that “total disconnections include resignations, layoffs and other separations. “

As he explains, “dropouts are generally voluntary separations initiated by the employee. Therefore, the quit rate can be used as a measure of workers’ willingness to quit their jobs. Layoffs and layoffs are involuntary terminations of employment initiated by the employer. Other separations include separations for retirement, death, disability and transfers to other sites of the same company. “

The Jolts survey points out that “job change is the result of the relationship between hires and departures. When the number of hires exceeds the number of departures, employment increases, even if the level of hiring is constant or constant decreasing ”.

On the contrary, he adds, “when the number of hires is lower than the number of departures, employment is decreasing, even if the level of hiring is constant or increasing. “

In the 12 months ending in June, hirings totaled 72.1 million and terminations totaled 65.2 million, producing a net employment gain of 6.9 million. These totals include workers who may have been hired and fired more than once during the year.

In total, hiring increased by nearly 12% and jobs doubled in offer.

The survey showed that nearly 3.9 million workers left their jobs in June, a sign of confidence in your chances of getting a better one.

The US economy has recovered with unexpected force, as vaccine application progressed, allowing businesses to reopen or lengthen their hours and reclaim leisure spaces such as restaurants, bars and shopping malls.

The Labor Department reported on Friday that the economy created 943,000 jobs last month and the unemployment rate fell from 5.9% in June to 5.4% in July.

Economists are also increasingly convinced that unemployment levels in the United States will reach pre-pandemic levels next year, with Goldman Sachs projecting a rate of 3.5% by the end of 2022.

Agencies

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