'The Number of Unemployed Exceeds the Number of Available Jobs Across All Sectors'

http://economistsview.typepad.com/economistsview/2014/11/the-number-of-unemployed-exceeds-the-number-of-available-jobs-across-all-sectors.html



About that skills mismatch story:

The Number of Unemployed Exceeds the Number of Available Jobs Across All Sectors, by Elise Gould, EPI: The figure below shows the number of unemployed workers and the number of job openings in September, by industry. This figure is useful for diagnosing what’s behind our sustained high unemployment. If today’s labor market woes were the result of skills shortages or mismatches, we would expect to see some sectors where there are more unemployed workers than job openings, and others where there are more job openings than unemployed workers. What we find, however, is that unemployed workers exceed jobs openings across the board. ...

This demonstrates that the main problem in the labor market is a broad-based lack of demand for workers—not, as is often claimed, available workers lacking the skills needed for the sectors with job openings. ...