US Job Openings Hit Record High, Wages Also Rising

US Job Openings Hit Record High, Wages Also Rising
Job seekers speak to representatives of employers at a job fair in New York City in March, 2013. Spencer Platt/Getty Images
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WASHINGTON—U.S. job openings surged to a record high in March, suggesting that a recent slowdown in hiring was probably the result of employers having difficulties finding experienced workers.

The monthly Job Openings and Labor Turnover Survey, or JOLTS, released by the Labor Department on Tuesday also showed more workers voluntarily quit their jobs in March, a sign of confidence in the labor market that economists believe will help to push up wage growth this year.