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U.S. job openings hit record high; workers more scarce

Reuters  |  WASHINGTON 

By Lucia MutikaniWASHINGTON (Reuters) - U.S. job openings surged to a record high in December, led by vacancies in the construction and accommodation and food services sectors, strengthening analysts' views that the economy was running out of workers.While the release of the Labor Department's monthly Job Openings and Labor Turnover Survey, or JOLTS, on Tuesday underscored labor market strength, there are worries the shortage of workers could hurt an economic expansion that has lasted 9-1/2 years and is the second longest on record."The labor market continues to heat up," said Chris Rupkey, ...

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First Published: Tue, February 12 2019. 23:10 IST
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