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U.S. Job Openings Rose Unexpectedly to Record 11.5 Million

  • Record 4.5 million Americans quit their jobs in March
  • Vacancies rise in retail trade and durable goods manufacturing
A worker oversee molten iron during cookware production at a factory in South Pittsburg, Tennessee.
A worker oversee molten iron during cookware production at a factory in South Pittsburg, Tennessee.Photographer: Luke Sharrett/Bloomberg
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U.S. employers saw record levels of job openings and workers quitting in March, pointing to intensifying labor-market tightness that will keep pushing wages higher at a rapid clip.

The number of available positions increased to 11.5 million in the month from 11.3 million in February, the Labor Department’s Job Openings and Labor Turnover Survey, or JOLTS, showed Tuesday. The median forecast in a Bloomberg survey of economists called for 11.2 million openings.