US job openings fall to their lowest in more than 3 years
U.S. jobs openings slid in March to the lowest level in more than three years, but stayed at historically high levels in a sign that the job market remains resilient in the face of higher interest rates.
The Labor Department reported Wednesday that employers posted 8.5 million vacancies in March, down from 8.8 million in February, and the fewest since February 2021.
The number of Americans quitting their jobs fell to the lowest level since January 2021—a sign of diminishing confidence in their ability to find something better. But layoffs fell.