News Item

06.19.2012

Midwest Job Openings & Hiring Activity

This morning, the Bureau of Labor Statistics (BLS) released April 2012 figures from its Job Openings & Labor Turnover Survey, which tracks job openings, hires, and separations (quits, layoffs and discharges, and other separations including retirement).

As illustrated in the following chart, the seasonally adjusted ratio of unemployed persons per job opening – an indication of labor market activity and competitiveness – has generally improved in the US and Midwest, falling from around 6 and 8 respective candidates competing per job opening in spring 2009 to between 3 and 4 in April 2012. However, the rate is still above pre-recession levels of closer to 2 candidates per opening.

The following chart illustrates hiring activity in the Midwest and US, which, in April 2012, was 88% of the pre-recession level in the Midwest and 84% of the pre-recession level nationally.

The full press release and data can be found on the BLS website.

Related News

NEWS

News Item

10.13.2022

Chicago Mayor Lori E. Lightfoot & World Business Chicago Announce the Inaugural Chicago Venture Summit Future-of-Food

More than 600 founders, Fortune 500 leaders, and investors are attending Chicago’s flagship food innovation conference hosted by World Business Chicago. CHICAGO, May 26, 2022 – Chicago Mayor Lori

View article

News Item

04.11.2022

World Business Chicago at SeedCon 2022

The Rattan L. Khosa SeedCon is Chicago Booth’s flagship entrepreneurship and venture capital conference. As the world seemed to stand still amidst the COVID-19 pandemic, investors, entrepreneurs, an

View article

News Item

04.11.2022

World Business Chicago Partners with Global Fintech Leader tastytrade for ThinkChicago Fintech Summit

“Innovation is the many years of study and analysis, which then finds itself in the path of an emerging opportunity” -Linwood Ma, tastytrade CTO World Business Chicago was proud to…

View article

News Item

03.30.2022

CBO Collective Announces $1 Million Grant from Google.org to Provide Job Placement and Support to Jobseekers from Under-Resourced Chicago Communities

CHICAGO — The Community Based Organization Collective today announced a $1 million grant from Google.org to help place hundreds of jobseekers on Chicago’s South and West sides into in-demand caree

View article
Translate »