Wednesday, May 6, 2009

Why Jobs Go Begging Amid Layoffs

From Business Week, May 6, 2009...

Are American employers too picky? Are they rejecting reasonable candidates at the same time they claim to have lots of openings they would like to fill?

With the labor market so weak, it's hard to understand why so many jobs are unfilled. As BusinessWeek pointed out in a recent magazine cover story, employers reported that they had 3 million openings they were actively trying to fill as of the end of February. (The March job-openings total will be released May 12.) By contrast, there were more than 13 million people unemployed in March.

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