For Immediate Release: Wednesday, April 13, 2011
Contact: Phoebe Silag or Karen Conner, email@example.com 202-775-8810
The ratio of unemployed workers to job openings was 4.4-to-1 in February, a substantial improvement from the revised December ratio of 5.1-to-1, according to analysis by EPI economist Heidi Shierholz. However, February marks 26 months that the “job-seeker’s ratio” has been substantially above the 4-to-1 ratio. A job seeker’s ratio of 4-to-1 means that for 3 out of 4 unemployed workers, there simply are no jobs. Click here for the full analysis.