US Job Openings Unexpectedly Rose in April and Hiring Picked Up

US job openings unexpectedly rose in April in a fairly broad advance and hiring picked up, indicating demand for workers remains healthy despite heightened economic uncertainty.

Available positions increased to 7.39 million from a revised 7.20 million reading in March, according to Bureau of Labor Statistics data published Tuesday. The median estimate in a Bloomberg survey of economists called for 7.10 million openings.