Help wanted: What the numbers say
The latest data shows why the labor market is starting to shift in job-seekers' favor.
By Owen Thomas, Business 2.0 Magazine online editor

SAN FRANCISCO (Business 2.0 Magazine) - Recent newspaper headlines don't do much to convey the fact the job market is coming to a boil. But if you look at another set of indicators, you'll get a different picture.

Unlike previous job booms, this one isn't being driven primarily by the creation of new jobs. Instead, it is the ever-growing number of people quitting their jobs to retire, or increasingly, to seek out new opportunities that has created openings which managers need to fill.

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At the same time productivity growth has stalled, making it harder for bosses to squeeze more work out of existing employees -- and hiring an all the more urgent matter.

The result? Unemployment among college graduates has sunk to a level that the economy hasn't seen in years, and the labor market is on fire.

To see how the latest employment stats are working in your favor, click hereTop of page

To send a letter to the editor about this story, click here.

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Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer LIBOR Warning: Neither BBA Enterprises Limited, nor the BBA LIBOR Contributor Banks, nor Reuters, can be held liable for any irregularity or inaccuracy of BBA LIBOR. Disclaimer. Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.
Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer LIBOR Warning: Neither BBA Enterprises Limited, nor the BBA LIBOR Contributor Banks, nor Reuters, can be held liable for any irregularity or inaccuracy of BBA LIBOR. Disclaimer. Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.