Job recruiters reported a shockingly high number of open jobs, starkly contrasting the desperate times we are in as we recover from the pandemic.
Yet total job gains increased only modestly, according to a Labor Department report issued Tuesday. The figures follow an April jobs report last week that was far weaker than expected, largely because companies appear unable to find the workers they need, even with the unemployment rate elevated at 6.1%.
Job openings rose nearly 8%, to 8.1 million in March, the most on records dating back to December 2000, the government said. Yet overall hiring that month rose less than 4% to 6 million. The hiring number is a gross figure, while the government's jobs report — which said 770,000 jobs were added in March — uses a net total. Tuesday's report is known as the Job Openings and Labor Turnover Survey, or JOLTS.
Many states are experiencing record heat waves, which means that Air Conditioners will be running at full throttle. During the summer months most Americans see an uptick in their electricity bills, and now add that people will be cooped up even longer in their homes due to the pandemic.
The typical household spends roughly $2,000 annually on energy bills, an Environmental Protection Agency spokesperson told TODAY. The EPA added that air conditioning is the likely culprit for energy bill increases in the summer months. Nearly half of a given home’s total energy bill is dedicated to heating and cooling systems.
It is projected that homeowners could see monthly energy bills rise by 10% based on data collected from renewable energy company Arcadia for those living in cities. Data was collected from energy use by 10,000 customer households across 13 major U.S. cities during March and April.
If you're looking to keep electricity bills down as temperatures soar, try these short- and long-term recommendations from the EPA and other sources.