Economics

U.S. Small-Business Job Openings Rise to Record in March

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A record share of U.S. small-business owners reported unfilled positions in March, and firms are starting to boost wages to attract talent, a report by the National Federation of Independent Business showed Thursday.

Some 42% of firms had job openings last month, and 56% of owners reported adding workers or trying to hire in March. Nearly a quarter of those surveyed are planning to create jobs in the next three months, the second-highest reading since 2018.