Labour market report shows increase in job vacancies increase, but unemployment up?
 

An honorable member of the Coffee Shop Has Just Posted the Following:

Job openings continued to increase. The seasonally adjusted job vacancies rose for the third consecutive quarter, though the rate of increase over the quarter moderated to 3.0% in March 2014 from 9.2% in December 2013 and 5.8% in September 2013. Job openings continued to outnumber job seekers, though the ratio has eased. The seasonally adjusted ratio of job vacancies to unemployed persons declined from 1.43 in December 2013 to 1.33 in March 2014.

Don’t you find it rather strange that whilst job vacancies continue to rise – the unemployment rate has also risen? As well as the drop in the number of retrenched who were able to get re-employed?

Shouldn’t the unemployment rate be coming down, and the re-entry into employment rate improve, if there are really more job vacancies?

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