It's taking an unusually long time to fill vacant jobs in the US

Business is about leverage.  Who has it, who has lost it, and what people are getting paid for it.  Right now, employees are slowly taking back leverage from employers in the labor market, and this chart from Deutsche Bank's Torsten Sløk shows a big reason why.  Right now, as employers spend more and more time trying to fill each job opening, they are facing two choices: continue to spend an increasing amount of time hiring, or offer higher pay to expedite the process.  Over the last few mo...