not see how badly outnumbered we are...
assuming, of course, you want a job...
These two charts - one from CR and one from NYT - show a very different view of the same JOLTS report.
What CR points out is that the number of new hires is almost equal to the number of new layoffs - both around 4 million. The problem is that new hires are NOT adding to the work force to re-absorb the people who are unemployed, nor the expansion in the population.
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Nearly 5 Jobless Workers Per Opening in August
http://economix.blogs.nytimes.com/2010/10/07/nearly-5-jobless-workers-per-opening-in-august/
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BLS: Job Openings increase in August, Low Labor Turnover
http://www.calculatedriskblog.com/2010/10/bls-job-openings-increase-in-august-low.html
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