Idog1976
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I found myself utterly shocked by some of the incredibly callous things said in this forum about the people who are suffering under the current recession. Some even said those that don't find work ought to die in the streets. Others said no bank CEO's ought to be blamed for the financial market melt down because they were responsible for all the good times as well. I just want to share with you the fact that there are very real people who are hurting from this crisis caused by the financial meltdown. In addition to the literally MILLIONS of homeless CHILDREN there are far too few jobs for far too many unemployed. So there aren't "always jobs available" that simply isn't true. I feel there are a number of folks on this board that could use some compassion when it comes to their fellow americans being out of work and suffering some of them even homeless.
I sincerely hope no one on this forum ever has to suffer the humiliation and pain of explaining to their child why they are homeless especially if they believe only they are to blame and not those who were in power and could have prevented the crisis if it weren't so darn profitable. Just remember a bad run of luck and it could be you or someone you love. Compassion or at least the capacity for it is one of the best parts of what makes us human.
http://www.marketwatch.com/story/job-openings-down-50-from-the-peak-in-2007-2009-09-09
I sincerely hope no one on this forum ever has to suffer the humiliation and pain of explaining to their child why they are homeless especially if they believe only they are to blame and not those who were in power and could have prevented the crisis if it weren't so darn profitable. Just remember a bad run of luck and it could be you or someone you love. Compassion or at least the capacity for it is one of the best parts of what makes us human.
http://www.marketwatch.com/story/job-openings-down-50-from-the-peak-in-2007-2009-09-09
WASHINGTON (MarketWatch) -- The number of open U.S. jobs fell 50% over the past two years to a seasonally adjusted 2.4 million in July, the lowest in the brief history of the data, the Labor Department reported Wednesday.
The job-opening rate fell to a record-low 1.8% in July.
Job openings track the demand for labor, the flipside of the unemployment rate, which measures the supply of labor. Read the full government report.
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In July, there were 6.05 unemployed people for every job opening, according to the most recent data on labor turnover. In December 2007, when the recession began, there were 1.72 unemployed people for every job opening.
The number of workers hired in July was little changed at 4.06 million, while the number of workers separated from their jobs was little changed at 4.29 million. The hires rate rose to 3.1%, while the separations rate remained at a series-low 3.3%.
In the past 12 months, hires have fallen 13.9%, while separations are down 12.8%.
Layoffs were little changed in July at 2.3 million, while 1.7 million people quit their job. Layoffs have increased 15% in the past year, while quits are down 32%.
In the 12 months ending in July, hires totaled 51.3 million, and separations totaled 56.6 million, with a net job loss of 5.3 million.
Rex Nutting is Washington bureau chief of MarketWatch