Job openings plunge to lowest level in more than three years

Job openings fell 3.7% in March to just under 8.5 million, the lowest level of openings since February 2021.

The new numbers, including openings across all sectors for that month, were released as part of the Job Openings and Labor Turnover Survey, which was updated by the Bureau of Labor Statistics on Wednesday. They fell below expectations, continuing a trend of slowly declining job openings over the past few years.