``Contrary to the conventional wisdom, the rise in job openings is not bullish. An increase in the number of openings of menial, low paying jobs is meaningless. Jobs that can't be filled because they require skills that can't be supplied by the those in the workforce are meaningless. Job openings will continue to grow and the ratio of hires to openings will continue to fall endlessly under these conditions. The vast majority of jobs being offered can't be filled and won't be filled. We are counting an illusion.''

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