53.Andasitturnsout,eventoday—withjobgrowthnearzero—over4millionjobhuntersarebeinghiredeverymonth.Idon’tmeantoimplythatoveralljobgrowthdoesn’thaveanimpactonone’sabilitytolandajob.It’struethatiftotalemploymentwerehigher,itwouldmeanmorejobsforallofustochoosefrom(andcompetefor).Andit’struethattherearecurrentlymorepeopleapplyingforeachavailablejobopening,regardlessofwhetherit’sanewoneornot.53.Whatdoestheauthorsayaboutoveralljobgrowth?
