Job openings will continue to grow and the ratio of hires to openings will continue to fall endlessly under these conditions because the vast majority of jobs being offered can't be filled and won't be filled. They're either not real jobs because nobody has the skills to fill them, or they're not real because they don't pay a living wage.


Layoffs increased from from 1.64 million in June of last year to 1.71 million in June of this year. In case you're wondering, June was not a one trick pony. Every month this year saw more layoffs than the corresponding month a year ago. Why is nobody reporting that, or why, as the WSJ did, are they misreporting it?

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