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Aug 2, 2023Liked by Peter Nayland Kust

How does the Actuaries data relating to increased disabilities and injured factor in to the jobs advertised vs actual hires?

Like change in roles or long term sickness leave would potentially "create" job openings, yet if the person is not actually "left" the position, then how does it get categorised? Sorry I don't think I explained my question well!

Basically, how do the job data consider disabilities data?🤗

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A person who becomes disabled and is unable to work would be counted as "separated" for reasons other than quitting or being laid off.

Other than that, disabilities would not produce a significant variance in job openings vs job hires: filling a vacant position arising from a disability is functionally the same as filling a position due to a quit.

And whether from disability or any other reason, the reality remains that a far higher proportion of reported job openings are going unfilled, yet there is no appreciable decrease in the pace of hiring. If disability were a bar to the hiring process, why has that not shown up as a decrease in hiring?

The disability data is intriguing, and raises a lot of questions, but I don't see it having a material impact on the JOLTS data. I don't see where that correlation has been established.

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Aug 2, 2023Liked by Peter Nayland Kust

At least one of those job openings wasn't fake. After graduating from college in May of 2020, when nobody was hiring, then getting a masters in December of 2021, when everyone who was hiring insisted that employees take risky injections first (something she wasn't willing to do), she finally found a job commensurate with her education last month. Yay! :)

But yeah, she'd been looking for a year and a half, and also concluded that many of the "openings" were indeed fake.

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