A new report demonstrates just how competitive the job market has become. The U.S. Bureau of Labor Statistics recently reported there were 5.4 job seekers for every employment opening in April.
That’s up from 4.8 workers for every position in March and 1.7 workers in December 2007.
“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,” Heidi Shierholz, an economist with the Economic Policy Institute, told BizJournals.com.
Popularity: 80% [?]