South By North Strategies, Ltd.

From the Economic Policy Institute’s analysis of the May version of the Job Openings and Labor Turnover Survey (JOLTS) …

The May Job Openings and Labor Turnover Survey (JOLTS), released today by the Bureau of Labor Statistics, provides evidence that the recovery continues to stagnate. While job openings in May increased by 195,000, unemployment in May increased by 220,000 …. This means that the “job-seekers ratio”—the ratio of unemployed workers to job openings—fell slightly (by one-tenth), to 3.5-to-1.
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The ratio has been slowly but steadily improving since reaching its peak of 6.7-to-1 in summer 2009. However, the odds are still stacked strongly against job seekers; a job-seekers ratio above 3-to-1 means that for more than two out of three unemployed workers, there simply are no jobs.