US job openings surge, yet employers slow to hire

April 7, 2015 3:14 PM

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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.

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