Job Openings at Five-Year High Signal U.S. Rebound: Economy
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Job openings climbed in February to the highest level in almost five years, signaling U.S. employers were preparing to expand before federal government budget cuts took effect last month.
The number of positions waiting to be filled rose by 314,000 to 3.93 million, the most since May 2008, from a revised 3.61 million the prior month, the Labor Department said today in Washington. The pace of hiring increased to a three-month high.