There are a lot of factors here, but more than anything else, we haven't had a full jobs recovery, and the consumer is waiting for that. These numbers reflect they're kind of running out of patience.
Today's conditions are similar to those prevailing in the late 1980s, when there were also widespread reports of jobs available and no one to fill them.
These data suggest the post-holiday labor market will remain relatively soft -- probably delivering a little less than 200,000 new jobs a month on average.
The three things that most concern consumers are jobs, jobs and jobs.
Add this to the negative impact of the hurricanes and flooding, resulting in lost jobs and incomes, and lost output, and we could be in for slower growth through the end of the year.
Consumer sentiment about job prospects over the next six months dipped in January. Thus, not only are the indicators suggesting modest gains in hiring, but consumers also do not think more new jobs will start opening up this spring.
The healthcare area is in need of a wide range of workers. There are new ads for doctors, nurses, and technicians as well as the full range of support personnel from top executives and management jobs to records clerks, secretaries, food service and general administrative support.