Originally Posted by dirk digler
It was surprising for me.
This whole job market though has me a little confused and frustrated. As someone who hires I have had a job opening for 4-5 months looking for just basic IT work in the evening that pays a good wage, 25-30k. Yet we can't fill the position and maybe have had 10 applicants.
I was thinking this would be a buyers market so I am kind of confused about all of this.
Originally Posted by KC Dan
I'm in the same boat. I wonder if the 99 weeks of $400-500/wk unemployment isn't really keeping job seekers from reentering the workforce. I have had 6 openings for 4 months and have only had 4 interviews to give. I hired one guy, one guy decided to be a cop and the other two were not willing to give up their search/unemployment for a $50k + traveling service engineer position. Crazy
This is the main reason I am assuming the job rate will fall like a rock by 2014. By then, the workforce will have reeducated themselves enough to make themselves qualified by the new job market.
1/3 of the unemployment is caused by exactly what you are describing: mismateched job opportunities with job applicants.
That's a curve that will fix itself, studies suggest by 2014.