Labour market report shows increase in job vacancies increase, but unemployment up?

[Confuseous]

Job openings continued to increase. The seasonally adjusted job vacancies rose for the third consecutive quarter, though the rate of increase over the quarter moderated to 3.0% in March 2014 from 9.2% in December 2013 and 5.8% in September 2013. Job openings continued to outnumber job seekers, though the ratio has eased. The seasonally adjusted ratio of job vacancies to unemployed persons declined from 1.43 in December 2013 to 1.33 in March 2014.

Don’t you find it rather strange that whilst job vacancies continue to rise – the unemployment rate has also risen? As well as the drop in the number of retrenched who were able to get re-employed?

Shouldn’t the unemployment rate be coming down, and the re-entry into employment rate improve, if there are really more job vacancies?

http://leongszehian.com/?p=9237

 

[laksaboy]

Re: Labour market report shows increase in job vacancies increase, but unemployment u

Uncle Leong should know a fact: just because there are jobs out there, and someone is actively applying for them, does not mean that he/she will get it.

You want the unemployment rate to go down? There's a guaranteed way: stop looking for a job and remain unemployed for more than 6 months. After than, you are no longer part of the unemployment statistic.

 

[da dick]

Re: Labour market report shows increase in job vacancies increase, but unemployment u

Uncle Leong should know a fact: just because there are jobs out there, and someone is actively applying for them, does not mean that he/she will get it.

You want the unemployment rate to go down? There's a guaranteed way: stop looking for a job and remain unemployed for more than 6 months. After than, you are no longer part of the unemployment statistic.

dun even need to do that. obvious that the numbers are doctored to make sinkies look lazy, illiterate and useless

 

[johnny333]

Re: Labour market report shows increase in job vacancies increase, but unemployment u

dun even need to do that. obvious that the numbers are doctored to make sinkies look lazy, illiterate and useless

Yes the PAP is only interested in good news because it determines their bonuses. Unlikely for them to be interested in the welfare of "lesser mortals" since there is no $$$ in it. That is why it is important for Sporeans to vote & send them the right message.