For Immediate Release: Tuesday, May 8, 2012
Contact: Phoebe Silag or Karen Conner, firstname.lastname@example.org 202-775-8810
The odds of finding a job are improving, but are still stacked against job seekers
Today’s Job-Seekers Ratio, the ratio of unemployed workers to job openings, declined moderately to 3.4-to-1, says EPI economist Heidi Shierholz. In addition, she notes that the number of unemployed workers outnumbers job openings in all major sectors, underscoring that the main issue in the labor market is a broad-based lack of demand for workers, not workers being in the wrong sectors or having the wrong skills.