AUDIO: EVERYONE'S HIRING, NOT ENOUGH WORKERS
It has never been harder to fill an open job in the United States. According to a chart from Deutsche Bank economist Torsten Sløk, it now takes 31 days to fill an open job in America, up from 23 days in 2006 and about 15 days in 2009. America is in a “tight labor market” – if you’re looking for workers, it’s tough to find help. The solution of course, is for businesses to raise pay. But that’s not happening. Salaries are not significantly higher than what they were 10 years ago. Employees won’t move to where the jobs are, and employers won’t pay what is needed to fill open jobs. And that’s why it’s never taken longer to fill an open job in America.
* Another solution would be for those penny-pinching employers to take those cheap-paying jobs and jam ’em up there real hard.
* Salaries have been stagnant for 10 years? Is it too late to get in one last “Thanks, Obama!”?
* Salaries haven’t increased since 2007, but the stock market is up 52% over the same period. It’s almost as if only rich people have been doing well.
* I think what they’re saying is, Americans don’t have time for that 3rd or 4th job.
* At least not once you factor video games into the equation.
* It’s time America’s corporate CEO’s were told this news. As soon as they return from their vacation homes overseas.
* Maybe shareholders could take a little less of a return and put some of that money towards the employees – oh, what am I saying. That’s just crazy talk.
CLIP: Our “Now Hiring” parody spot.
