Report: 7 Applicants Vying For Each Available Job In America

Haver Analytics, Gluskin Sheff:

There are now almost seven people in the total pool of available labor competing for every job opening on the market. Though this ratio has dropped from 10 people per opening in 2009, this statistical recovery and this ratio is still double the historical norm. A ‘healthy’ market is typically defined by 2 applicants per job opening.