press release
Labor Department says job openings rose for second straight month; EmploymentCrossing finds 700,000 jobs.
October 08, 2010 | 
PDF version
The report, called JOLTS (Job Openings and Labor Turnover Survey) shows the amount of job churn in the country’s economy every month. The employer advertisements for hiring show that this was the highest level of available jobs since April. Most economists say that hiring happens 30 to 90 days after the openings are announced. The total number of new hires in both government and private sector hit 4.1 million in August.
On another positive note, the Labor Department reported that the weekly initial jobless benefits claims fell to their lowest level in almost three months. There were 445,000 first time filings in the week ending October 2. But the unemployment rate has remained at 9.6 percent.
The reasons being given are that most of the job losses were in the construction and manufacturing sectors. The laid off workers do not have skills to work in the newer job growth sectors such as healthcare and education. Lack of geographical mobility is another reason that is given for the persistently high unemployment rate.
A. Harrison Barnes, CEO of EmploymentCrossing, says that he believes in the Labor Department’s estimate of the number of job openings. ''We are a job aggregator company, and we have been able to find almost 700,000 jobs in the last seven days. So the Labor Department is not completely off the mark, even though some may find the figures hard to believe.''
Contact:
Roger Croft
Editorial Coordinator
Employment Research Institute
626-243-1814
rogerc@employmentresearchinstitute.com
About EmploymentCrossing:
EmploymentCrossing is part of the Employment Research Institute, which is one of the most powerful and comprehensive organizations dedicated to helping professionals find jobs that will enhance their careers. Employment Research Institute consists of hundreds of industry-specific and location-specific job boards which consolidates every job opening it can find in one convenient location. The website also offers a seventy two-hour free trial to new members.
Testimonial of the Week
I was facing the seven-year itch at my previous workplace. Thanks to EmploymentCrossing, I'm committed to a fantastic sales job in downtown Manhattan.
- Joseph L New York, NY
Sign Up now
Only EmploymentCrossing consolidates every job it can find in the domain and puts all of the job listings it locates in one place.
- We have more jobs than any other job board.
- We list jobs you will not find elsewhere that are hidden in small regional publications and employer websites
- We collect jobs from more than 4,429,376 websites and post them on our site.
- We are private, and therefore far fewer people are applying for the jobs on our site than are applying for those on public job boards.
