Presidents are always puffing up and beating their chests about all the jobs they’ve created by their general goodness, wisdom, and pluck.
Here’s the thing — we don’t need any more jobs in the short term. We have plenty of jobs.
We need folks to fill jobs. Let me show you why I think this:
1. The US Bureau of Labor Statistic publishes a nifty monthly report called the JOLTs report — Job Openings and Labor Turnover. Catchy, eh?
It always seems to be a little behind the times, because the most recent one was published on 12 October and it had the August 2021 numbers.
2. The report provides information on:
The number of open jobs;
The number of hires;
The number of folks who have quit their jobs; and,
The number of folks who have been involuntarily laid off, discharged, or “other” separations. Continue reading