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WSJ Your Money Briefing

Why Some People Still Can't Find Work in a Strong Job Market

WSJ Your Money Briefing

The Wall Street Journal

News, Business News

3.81.6K Ratings

🗓️ 8 May 2024

⏱️ 9 minutes

🧾️ Download transcript

Summary

Millions of positions remain unfilled, and yet qualified candidates say they’re being passed over and can’t land a job. Wall Street Journal “On the Clock” columnist Callum Borchers joins host J.R. Whalen to discuss. Sign up for the WSJ's free Markets A.M. newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

This episode is brought to you by Oracle.

0:03.0

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0:20.4

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0:25.0

Take a free test drive at oracle.com slash Spotify.

0:29.0

Here's your money briefing for Wednesday, May 8th.

0:35.0

I'm J. R. Whelan for the Wall Street Journal.

0:40.0

Unemployment remains near a 50-year low low and about 8 million positions remain unfilled.

0:46.0

Yet many people say they've hit a wall when trying to land a job.

0:50.0

They tell me they're getting ghosted by hiring managers who suddenly feel like they have the pick of the litter.

0:56.0

Some also gripe about seeing the same job listings reappear over and over on a company's job board and they wonder are you actually filling

1:03.7

this position or are you just sort of putting it out there and fishing for

1:08.0

candidates or stockpiling resumes for later? We'll talk to columnist Callum Borshirts after the break. Hey Prime Members, did you know you could be listening to this show

1:26.7

Ad Free on Amazon Music? Prime Members get access to the largest catalog of

1:31.4

ad-free top podcasts. To listen to your favorite podcasts without ads

1:36.2

simply download the Amazon music app or visit Amazon.

1:40.0

com slash W.J. That's Amazon.com slash W.S.J.

1:42.1

that's Amazon.com slash W.S.J. That's Amazon.

1:43.4

com slash W.S.J. Many workers are having trouble landing positions despite the constant drum beat of

1:57.8

rosy job market figures. Wall Street Journal on the clock columnist Callam Borsch's joins me.

...

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