According to the most recent data from the Labor department, there are 14 million unemployed people and 3.2 million job openings in the U.S. As Scott Winship at Brookings writes,
“From 1951 through 2007, there were never more than three unemployed workers for each job opening, and it was rare for that figure even to hit two-to-one. In contrast, there have been more than three jobseekers per opening in every single month since September 2008. The ratio peaked somewhere between five-to-one and seven-to-one in mid-2009.”
This Sunday at 8pm ET, Fareed Zakaria will explore this issue in a special edition of CNN GPS called "Restoring the American Dream: Getting Back to Work."