3min chapter

What Goes Up cover image

5% Inflation for a Decade?

What Goes Up

CHAPTER

Are We Going to Have 10 Million Job Openings?

Vincent Cevallos: Every time that Jolt's job openings number comes out, I'm just... My mind kind of boggles at the fact that there's still this 10 million job openings. If you were Google, you only advertise in Mountain View or Silicon Valley, right? But now since your label pool is potentially can be spread across the country or in the world, maybe you're going to have 10 job posting for a single position. To me, the real labor shortage and any labor economies would agree is not product manager at LinkedIn or Facebook or one more data scientist at Twitter. So I actually do believe that the labor market is going to remain tight.

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