Number of Job Openings versus Number of Unemployed Workers

Report released on May 9, 2014 from the Bureau of Labor Statistics indicated that only 4.0 million job openings are available to fill in the US. However, there are currently 9.8 million who are unemployed and another 6.1 million who are no longer in the labor force but wants work. If you add the total about of unemployed (9.8 million) and those who are not in the labor force (6.1 million), the real number for people without jobs are actually 15.9 million. How are we planning to fill the other 11.9 million jobs if there’s only 4.0 million job openings?

Is there a way for the unemployed workers to create their own jobs through other methods besides depending on companies to hire them?

Categories of Employment in US

 

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