Why do you think job postings are up?
4×2 posts are being posted at a faster rate than ever before, but this may not be as clear cut as you think.
In a new study by the Federal Reserve Bank of New York, job postings in the United States are down, while job postings for some of the world’s top industries are soaring.
It is the first time since the 1980s that job postings have fallen across the board in America and across the world, the study found.
While job postings were down overall in 2016, the number of jobs posted on the job site has risen for the first two months of 2017 compared with the same period last year.
Job postings were also up in Australia, which is a member of the Organisation for Economic Co-operation and Development (OECD).
The UK’s employment rate was the highest in the world at 64.1 per cent in June, according to data from the Office for National Statistics (ONS).
In the US, the unemployment rate hit 5.9 per cent, while the jobless rate was 6.6 per cent.
There was also an increase in the number people looking for work, the ONS said.
The study found that the share of people looking in particular occupations was growing rapidly, with the number in retail and hospitality posting more job postings than jobs in agriculture and other service sectors.
This trend is also being seen in the financial sector, which has posted nearly 6,000 more job posts than it did last year, while construction has seen a 5 per cent rise in job postings.
In its latest quarterly report, the US Department of Labor (DOL) said that job posting activity has increased for the past month, which was driven by a “strong” recovery from a severe winter.
“Job postings have continued to grow during the past 12 months and are up substantially for the second consecutive quarter,” it said.
“The US labor market is showing no sign of slowing, and this is due to robust job growth in a variety of industries and the strong jobs recovery in many of the US states.”
Job vacancies are up in many industries and there are more job openings than openings, the report said.
“This is particularly true for health care, where there are now over 1.1 million vacant positions in the healthcare sector.
In the financial services sector, there are approximately 567,000 vacant positions.
Meanwhile, there is a strong increase in job vacancies for those with disabilities, which rose by about 1 per cent to a record high of 1.2 million last month.
Although the job market is robust, the rise in vacancies is partly due to the temporary nature of the job posting trend.
As part of the economic recovery, the government has announced new policies to help employers, including a temporary increase in tax credits for those who do not have children.
A recent report from the OECD said that unemployment is not the biggest factor driving the job vacancy rate, but the rise has been attributed to the government’s policies.
Overall, unemployment fell in June to 4.9 percent, from 5.8 per cent a year earlier.
Economists expect the unemployment figure to continue to decline for a few more months, the OECD added.
However, the job growth numbers may not provide a full picture.
For example, the survey did not ask about people who were working part-time for economic reasons, which could also have affected the overall job market.
And while job listings are up across the US and worldwide, the proportion of people who are looking for full-time work is down in many countries, the latest OECD data shows.
Australia’s unemployment rate is now 5.7 per cent and it is not expected to fall below 5 per% until 2019.
Canada’s unemployment has risen to 4 per cent this year and the government expects to see its unemployment rate drop further in the coming months.
Italy has reported an unemployment rate of 4.3 per cent but the country’s unemployment is forecast to remain above 5 per percent for a little longer, the Office of National Statistics said.