How many jobs are hiring

Learn as much as you can about a potential employer before sitting down for an interview so you can ask Qs, too. Like about their reopening plans. Remember: it should be a conversation, not an interrogation. Some of these job market trends can be a good sign. On the upside, giving workers more money means they have more to spend as consumers. Read: good for the economy. But some say higher pay could contribute to inflation if companies pass added payroll costs to customers, who might then demand higher wages.

And the circle of " wage push inflation " continues. It could also squeeze investors if profit margins are tighter. To find the labor market's sweet spot, the supply of jobs needs to get in sync with the supply of workers. But if, when, and how that will happen is TBD.

The job market is in "mismatch" territory. Because the roles available aren't exactly lining up with the people looking to fill them. That's left some employers scrambling to attract applicants, giving workers the upper hand. But if the labor market can't find its sweet spot soon, it could jeopardize the economic recovery. Every Friday, we break down the news and info you need to make smarter money decisions. Published on: Oct 22, fb-round twitter-round email-round.

Design: theSkimm Photo: Getty Images. What do you mean? Job openings, a measure of labor demand, dropped , to a still-high Data for July was revised to show There were 0. There were , fewer vacancies in the healthcare and social assistance sector. Job openings in the accommodation and food services industry fell by , States and local government education vacancies dropped by , positions.

Regionally, job openings fell in the Northeast and Midwest. The job openings rate dropped to 6. The government reported last Friday that nonfarm payrolls increased by only , in September, the smallest gain since December , after increasing , in August.

Hiring decreased by , jobs to 6. The largest decline since December was led by the accommodation and food services industry, where payrolls dropped by , jobs.

Hiring at state and local government education declined by , jobs. At the same time, job placement site Indeed estimates there are about 9. Companies have been using a variety of techniques, including signing bonuses, higher salaries and flexible working arrangements, to entice people. That likely will have to continue as the Covid pandemic changes the jobs market, perhaps permanently.

A just-released survey from Gallagher shows the extent to which employers are willing to go to entice workers in the pandemic era. Job growth has been surging in recent months, with July's number, reported Friday, showing an addition of , , the biggest spike since August That came on top of respective gains of , and , in the previous two months, for an impressive three-month average of , Still, there's a lot more work to be done, as there are still 6.

So it's going to get slower as folks are coming back into the market with changed expectations and changed lifestyles. One important factor looming ahead is the September expiration of enhanced unemployment benefits. Indeed reports that in past months, many workers had refrained from taking jobs they didn't want because they had enough financial cushion to wait. Even with concerns about the virus, the need to get back to work will start to grow.