For Immediate Release: Tuesday, July 13, 2010
Contact: Karen Conner or Eve Turow, firstname.lastname@example.org 202-775-8810
Job seekers still face intolerable odds
This morning, the Bureau of Labor Statistics released the May report from the Job Openings and Labor Turnover Survey (JOLTS), showing that job openings declined 96,000 to 3.2 million in May. From the Current Population Survey, we know that the number of unemployed workers in May was 15.0 million. This means that the ratio of unemployed workers to job openings was 4.7-to-one in May, a slight increase from the revised April ratio of 4.6-to-one. Click for full analysis.