If you are looking for a job, you’ve got plenty of competition. The U.S. Bureau of Labor Statistics reported Tuesday there were 5.4 job seekers for every employment opening in April.
That is up from 4.8 workers for every position in March and 1.7 workers in December 2007, which some economists peg as the beginning of the economic slide.
“While recent labor market reports have indicated that the pace of job loss is slowing, new jobs are not yet being created, and unemployed workers are facing an increasingly uphill battle in the search for work,” said Heidi Shierholz, an economist with the Economic Policy Institute.
New Job Postings for the week of June 7 - 13
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