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U.S. job openings fell in February while layoffs remained subdued, adding to evidence of a labor market that’s only gradually cooling.
The number of available positions decreased to 7.57 million from a revised 7.76 million reading in January, the Bureau of Labor Statistics Job Openings and Labor Turnover Survey, known as JOLTS, showed Tuesday. The median estimate in a Bloomberg survey of economists called for 7.66 million openings.
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