CNBC (08/08/2021) Cox, Jeff
Employers in the U.S. are facing the significant challenge of filling nearly 10 million job openings with a million fewer workers available than there are positions. The success in addressing this gap will greatly impact the sustainability of recent strong job gains. Despite approximately 8.7 million unemployed individuals actively seeking employment, there are an estimated 9.8 million job vacancies, indicating a mismatch in supply and demand. Companies are employing various strategies such as signing bonuses, increased salaries, and flexible work arrangements to attract workers, reflecting the evolving dynamics of the job market influenced by the ongoing Covid-19 pandemic.
Read the full article here: There are about 1 million more job openings than people looking for work