Job openings in the U.S. eased in March from an almost five-year high, indicating employers are waiting to see how the economy performs as federal budget cuts take effect.

The number of positions waiting to be filled declined by 55,000 to 3.84 million from a revised 3.9 million the prior month that were the most since May 2008, the Labor Department said today in Washington. Hiring decelerated and firings climbed, the report also showed.

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