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Are there plenty of jobs? The article says no: > In California there are roughly 0.8 job openings per unemployed person—the lowest in the country—whereas in Am
by leereeves 3y ago
Are there plenty of jobs? The article says no:
> In California there are roughly 0.8 job openings per unemployed person—the lowest in the country—whereas in America’s other 49 states the overall ratio is 1.6.
And that checks out. It's the inverse of (1 divided by) this:
https://www.bls.gov/charts/state-job-openings-and-labor-turnover/unemployed-persons-per-job-opening-by-state.htm https://www.bls.gov/charts/state-job-openings-and-labor-turn...
- ajross 3y agoYeah, but, just look at that chart! California isn't shaped any differently than anyone else. It's always been somewhat higher on this metric, it was before the pandemic and it is now. But you'd absolutely not look at that chart with fresh eyes and flag it as an outlier. At all. It's doing what the rest of the labor market is doing. Really no state is particularly weird, which is about what you'd expect for a very fluid intra-national labor force.