US job openings inch lower to reach 11.266 million in February

U.S. job openings edged lower last month to retreat only modestly from a record high, and vacancies still far outpaced new hires as employers struggled to bring back more sidelined workers.

Job openings totaled 11.266 million in February, the Labor Department said in its Job Openings and Labor Turnover Summary (JOLTS) on Tuesday. This came after job openings came in at 11.283 million in January, according to the Labor Department’s revised figure. Consensus economists were looking for 11.000…


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