July 2017 Sets Job Openings Record

The Labor Department reported that the number of job openings in the U.S hit an all-time high in July at 6.17 million (records dating back to 2000). The initial reaction would be that this is good news – which in part it is. There are jobs available in the market. The concern is the ever-growing fact that there is a lack of skilled or qualified candidates to fill these openings, hence the high number of job openings. This is an interesting dilemma. The jobs are there but the human-talent to fill the jobs is not.

The Labor Department also reported that the number of people who quit their jobs is also up. This is generally interpreted that workers are comfortable leaving their jobs to pursue other job opportunities.

The lack of skilled or qualified workers will continue to be an issue for employers the foreseeable future. The good news for skilled or qualified job seekers is there are jobs available for those that want to change.

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