Vacancies Hit Four-Year High, but Companies Still Worried

Job openings rose by 105,000 to 3.76 million in June, the highest since July 2008, the Labor Department said on Tuesday in its monthly “Job Openings and Labor Turnover Survey” report. But hires fell by 100,000 from May.

Economists said worries of deep government spending cuts and higher taxes scheduled to kick in at the start of 2013 and Europe’s on-going debt crisis were making companies hesitant to take on new workers.

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