U.S. Job Openings Ease From Near-Record While Layoffs Decline

U.S. job openings pulled back in February from a near-record in the previous month, as employers had some success in filling vacancies and became more reluctant to dismiss workers, Labor Department data showed Friday.

The decline in February job postings may help explain jobs data for the month showing a 326,000 gain in nonfarm payrolls, the biggest gain since 2015, suggesting employers found qualified workers. The JOLTS report adds context to monthly payrolls figures by measuring dynamics such as resignations, layoffs and the pace of hiring.