The Labor Department’s Job Openings and Labor Turnover Survey, released yesterday, showed that the number of new, open positions increased slightly in August and September.
The number of unfilled positions rose 57,000 (or about 2 percent) to 2.48 million, according to the Bureau of Labor Statistics (BLS) report. Openings remain down by 2.3 million, or 48 percent, since peaking in June 2007.
With 15.1 million Americans unemployed in September, that means there are about six workers competing for each available job, said a Bloomberg report on the survey.
One reason job openings remain weak is the poor credit market and it’s affect on small businesses, said the Kansas City Star.
Small businesses in particular are reluctant to add workers as they struggle to obtain credit. Many are pushing their current employees to produce more. Economists say small businesses account for about 60 percent of new jobs.
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