For the first time since the data has been recorded, there are more job openings than workers available.
Across the United States, there are 7.3 million job openings at the end of May, according to a Bureau of Labor Statistics (BLS) release last week.
On the last business day of May, the job openings level was little changed at 7.3 million. The job openings rate was 4.6 percent. The number of job openings was little changed for total private and decreased for government (-54,000). The job openings level increased in other services (+77,000). Job openings decreased in a number of industries with the largest decreases in construction (-65,000), transportation, warehousing, and utilities (-60,000), and real estate and rental and leasing (-49,000). The number of job openings increased in the Northeast region.
If one looks at the unemployment rate release from the prior week, which placed the number of unemployed at 6.0 million, although the unemployment rate is 3.7 percent, it appears there is a labor shortage of some 1.3 million workers.
Among the major worker groups, the unemployment rates for adult men (3.3 percent), adult women (3.3 percent), teenagers (12.7 percent), Whites (3.3 percent), Blacks (6.0 percent), Asians (2.1 percent), and Hispanics (4.3 percent) showed little or no change in June.
According to a list compiled by the Berkshire Eagle, the 10-most-difficult-jobs-to-fill are:
- High-skilled medical workers, such as nurses, doctors and specialists;
- Scientists and mathematicians;
- Skilled trades, such as electricians, carpenters, machinists, mechanics, welders and plumbers;
- Engineering and architects;
- Information technology, computer specialists;
- High-skills technicians, such as health, telecommunications and environmental techs;
- Transportation, such as drivers;
- Construction and extraction workers;
- And community and social service workers