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US job openings fell slightly in March as hiring rebounded
US job openings were little changed in March and hiring rebounded as the labor market showed continued signs of stabilization. Available positions fell slightly to 6.87 million from a revised 6.92 million in February, according to Bureau of Labor Statistics data released Tuesday. The hiring rate jumped to 3.5% after dropping in February to the lowest level since the onset of the pandemic. The rebound in hiring echoes the surprisingly robust March jobs report, suggesting some employers were still looking to add workers despite subdued labor demand across much of the economy. While the job market has been in a ... (full story)
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