U.S. job report shows caution
U.S. employers advertised the most open jobs in nine months in April but pulled back on filling them, a sign of caution that may reflect concerns about tepid economic growth.
Job openings rose 2 percent to 5.8 million, the Labor Department said Wednesday, matching a record high last July. Yet hiring slipped for the second straight month to just under 5.1 million.
The figures suggest that an annual economic growth rate of just 0.8 percent in the first three months of the year has caused businesses to postpone hiring decisions.