The number of job openings for American workers reached nearly 5.8 million in March, according to new figures from the Labor Department on Tuesday. That's the highest figure since July. Following a lackluster jobs report Friday, the new report doesn't add much flame to the Federal Reserve's reasons to raise interest rates in June.
The number of job openings rose from 5.6 million in February, according to Labor's monthly Job Openings and Labor Turnover (JOLTS) report. Not all of those positions were filled however, as only 5.3 million hires were made. Hires edged down from 5.5 million in February.
The number of job openings has outpaced both hires and voluntary quits in recent months.