Best Time Ever?

In his Wall Street Journal column James Freeman says it’s the best time ever to be looking for a job:

The press corps has been so focused on the Friday firing of an FBI official for his alleged lack of candor under oath that it’s easy to miss all the hiring. It turns out that former FBI deputy director Andrew McCabe is hitting the job market at a nearly perfect time.

On Friday the Labor Department released its latest Job Openings and Labor Turnover Survey, better known as the “Jolts” report. The feds reported a remarkable finding about the historic eagerness of businesses to hire. “On the last business day of January, the job openings level increased to a series high of 6.3 million,” noted the government.

Man, I really don’t see it. I’ve been looking for a new job for some time. I’m really desperate to get away from my present employer. From my perspective pickings are pretty slim.

Two factors may be promoting an illusion. First, February always looks a lot rosier than it should because the BLS dumps its errors into February and the birth/death ratio, a fudge factor, supplies a ridiculous proportion of the supposed jobs. Second, I wonder how many of those hiring notices are just pro forma?

10 comments… add one
  • Andy Link

    Looking at his bio and background, I can see what he’s saying – there probably is great job prospects in his circle.

  • walt moffett Link

    Interesting survey results from the NFIB. Small businesses report a demand for workers yet few applicants.

  • Check the graphs attached to that article. First, there has been little or no change in the number of employees at small businesses since 2005. Lots of noise but no actual change.

    Second, the number of small business with unfilled openings has increased sharply since 2010. If the explanation for that is that they can’t find qualified candidates I’d really like to see their operative definition of “qualified”.

  • walt moffett Link

    Hmm … willing to work as an independent contractor waiving all employee rights and employer responsibilities, prodigy level skills yet innumeracy when reading the pay stub seems a good start.

  • Gray Shambler Link

    Hmm … willing to work as an independent contractor waiving all employee rights and employer responsibilities,,

    Does anyone know, can an employee work in that capacity just by declaring himself an independent contractor?
    Is it that simple?

  • No. It’s the terms of your employment, determined by the employer. Employees receive W-2s; contractors receive 1099s.

  • Gray Shambler Link

    “qualified”
    Background check. drug screen, credit check, employers don’t want to take chances, and thanks to modern technology, they don’t have to. Bankruptcy? pass. Divorce?, pass. D.U.I.?, pass, health issues?, pass, a little old in the tooth? Well, we just filled that position, sorry.

  • walt moffett Link

    was in the big city today and noticed a fast causal seafood place with a big banner “Cooks wanted $10-$14”

    The fast food places in the big city start at $12.50/hr and throw in flexible schedules and a $500 tuiton bonus after one year according to the want ads.

    Would say one employer is aware of how to get good help with another is not.

  • steve Link

    I advertise a lot online. Some is for free. Some I pay a lot for during the first month, then nothing, so it doesn’t cost anything to keep the ads running. I think a lot of those openings probably aren’t real. Also, in areas where there really are shortages, you should see wages go up. Just not seeing that very much.

    Steve

  • Gray Shambler Link

    10-4

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