More jobs...slow hiring

In February, U.S. employers advertised the most job openings in nearly 5 years. However, companies are filling jobs at a much slower rate being concerned about the economy's recovery. The number of
job openings was up +8.7% in February from January reaching 3.93 million, the most since May 2008. Companies hired 4.4 million people in February, up 2.8% more than January, but still down
from a year ago when it reached 4.49 million. A healthy economy usually has a ratio of 2 to 1 unemployed people for each opening. Currently, the number is 3.1. Some of the reasons for the slow hiring are lack of skills employers are looking for, low pay, and concerns about the recovery.