The Yandle Report: Frankenstein and the Job Market

Policy and financial incentives cause the market to run amok

According to the Bureau of Labor Statistics’ latest JOLTS data (that stands for Job Openings, Labor Turnover & Separations), there were close to 11 million unfilled jobs in the United States in July. At the time, there were some 4.9 million people counted as unemployed that month.[i] Simply put, there are more than two open jobs for each person unemplo…