The number of unemployed people in the United States is exceeding the number of job openings, indicating that the job market situation is getting tougher
2025-04-16 16:40:46
According to data analytics released Wednesday by the U.S. Bureau of Labor Statistics, the number of unemployed people in 14 U.S. states exceeded the number of job openings in February, the highest number since April 2021. In February, Kentucky, New York, Ohio and Rhode Island joined the ranks, indicating that the job market is getting tougher. Between November 2022 and April 2023, as the U.S. economy rebounded in the wake of the epidemic, the ratio of unemployed people to vacant jobs was below 1 in all 50 U.S. states. This means that, at least in theory, there are enough job opportunities available to all the unemployed. In May 2023, California and New Jersey became the first two states to exceed the ratio of 1. In February, the most recent month for which data are available, California had the highest rate, with about 150 unemployed for every 100 open jobs, according to the Bureau of Labor Statistics. South Dakota had the lowest rate, with about 40 unemployed for every 100 open jobs.
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