Job openings dipped in November, latest evidence that employers are cautious about adding new workers. They advertised 3.25 million jobs that month, a drop of 80,000 form October says the Labor Department. Openings have risen 39 percent since the end of the recession in June 2009. Although they are still below the 4.4 million openings advertised in December 2007. Report show that there were 4.6 unemployed workers competing for jobs. Heavy competition put employers in the drivers' seat and hold down wages. The Job Openings and Labor Turnover survey counts the number of jobs advertised on the last business day of the month. Economists say that the report of November provides an indication of hiring patterns because it can take three months to fill jobs. In December only 103,000 jobs were added. Some economists had forecast twice that number. Unemployment rate fell to 9.4 percent, about half of that drop was due to people giving up on job search.
http://www.msnbc.msn.com/id/41019738/ns/business-eye_on_the_economy/
It is true that employer post fewer jobs in November (I remember reading an article about it in December). I didn't know that it took about three months to fill a job. I start to wonder why it would take that long. I mean a lot of unemployed people are applying for the job and people who are looking to move up in their profession are applying for the job. Why can't the employer just interview those they think will best fill the position and make a decision so that another person will become employed or another position at the person's previous work can employ another person.
It is a good thing that the unemployment rate dropped .4 percent. I think that that means that some people are either becoming okay with not working or they have a reason as to why they can't work. I hope that they aren't just giving up. Because if you give up, you won't get anywhere in life. Even though it has taking a while for them to find a job, it doesn't mean that they aren't meant to work, it just means that the job that is destined for them is waiting for the person to find it.
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