Job Openings in U.S. Increase as Hiring Accelerates

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Job openings in the U.S. increased in February and hiring climbed to the highest level in more than three years, signaling employers turned more optimistic about the economic outlook.

The number of positions waiting to be filled totaled 3.5 million in February, up from a revised 3.48 million the prior month that was higher than previously estimated, the Labor Department said today in a statement posted on its website. More people were added to private payrolls than at any time since October 2008, while the pace of firings was little changed, the report showed.