In any given month, a large number of workers are being hired or are leaving their current jobs, illustrating the dynamism of the U.S. labor market.
Sentiment: NEGATIVE
Even when America's economy has been by all measures healthy and the unemployment rate low, some businesses suffer or fail and lay off workers. But nearly always, a simultaneous and even greater burst of new jobs has been created to offset the jobs lost - millions of new jobs every year.
Private sector labor market flows provide additional indications of the strength of the labor market. For example, the quits rate has tended to be pro-cyclical, since more workers voluntarily quit their jobs when they are more confident about their ability to find new ones and when firms are competing more actively for new hires.
Big companies are often in the process of laying off workers. Small startup companies are the ones that are hiring. The statistics prove that's where job growth is going to occur.
Just to keep up with population growth, on average our economy needs to be adding about 125,000 jobs per month.
There is a huge crisis of employment in America, in the Western world in general.
It's pretty clear that over the last three months the economy has paused. And it's also pretty clear the American people are still demanding and asking the question, 'Where are the jobs?' And the reason we don't have new jobs is because of the job-killing agenda pursued by President Obama and his allies in the Congress.
Hospitals are closing across the country due to the burden of illegal immigration, college students find that summer jobs have dried up due to illegal immigration, and wages across the board are depressed by the overwhelming influx of cheap and illegal labor.
A lot of people quit looking for work as soon as they find a job.
When more and more people are thrown out of work, unemployment results.
Jobs are disappearing from every sector of the economy, from engineering to health care workers, forcing hundreds of thousands of families into unemployment and low-paying jobs.