As of the beginning of September there were just 2.3MM job openings. This is equal to 2% of the total filled and unfilled positions – a record low. The ratio of unemployed to the number of job openings is now over 6. To give you some perspective on just how bad this is – the ratio was 1.5 in 2007 and peaked at 2.8 (less than HALF the current ratio) in 2003 when the jobs market was at its absolute worst.
Source: Atlanta Fed