Drop in Job Openings Tempers U.S. Hiring Prospects: Economy
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Job openings in the U.S. fell in April, showing companies were waiting to assess the effects of higher taxes and reduced government spending before committing to bigger staff increases.
The number of positions waiting to be filled fell by 118,000 to 3.76 million, the fewest since January, from a revised 3.88 million in March, the Labor Department reported today in Washington. The pace of hiring picked up and more people also left their jobs voluntarily, the figures showed.