Economics

Job Openings Little Changed in December as Hiring Rises Slightly

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Job openings were little changed at still-elevated levels in December, signaling steady progress in U.S. employment, a Labor Department report showed Tuesday.

The report reflects a steady labor market, in line with the jump in hiring shown in January’s payroll figures last week. While monthly job gains are expected to cool as the economy nears full employment, greater openings mean employers may need to boost pay further to attract or retain staff.