News from EPI Ongoing lack of job openings means no jobs for more than 3 out of 4 unemployed workers

For Immediate Release: Wednesday, September 7, 2011
Contact:
Phoebe Silag or Karen Conner, news@epi.org 202-775-8810

Ongoing lack of job openings means no jobs for more than 3 out of 4 unemployed workers

In July there were 3.2 million job openings and 13.9 million unemployed workers, resulting in a 4.3-to-1 ratio of unemployed workers to job openings. This is an improvement from the revised June ratio of 4.4-to-1. However, July marks two years and seven months—134 weeks—that the “job seeker’s ratio” has been substantially above 4-to-1, a level that means there are no jobs to be found for three out of four unemployed workers. Click here for full analysis and graphic.