Wall Street Journal (06/10/14) Josh Zumbrun
The number of U.S. job openings rose to 4.5 million in April, a seven-year high, according to the U.S. Department of Labor’s job-openings and labor-turnover survey. Meanwhile, the rate of layoffs was 1.2% and the quit rate was 1.8%, both flat from a month earlier. However, the pace of hiring has been sluggish. Some 4.7 million workers were hired in April, the same number as in March. Prior to the 2007-09 recession, hiring often topped five million a month. Some economists speculate that unemployed workers may lack the skills companies are looking for or that companies may be discriminating against the long-term unemployed.
New Webinar: CareerBuilder Staffing and Recruiting Talent Brief
As many as 75% of staffing and recruiting professionals say some of their currently existing talent acquisition and human capital management roles will be completely automated using technology over the next 10 years. Find out how this will impact your business.