U.S. job openings surged in February to a 14-year high, yet employers filled fewer of those jobs than in the previous month.
On a brighter note, the Labor Department also said Tuesday that layoffs fell sharply. Taken together, the figures suggest that signs of a stumbling economy have prompted U.S. businesses to pull back on hiring. But they weren't spooked enough to cut more jobs.
Also read: U.S. Housing Starts Rose in October