U.S. job openings at record high, skills mismatch emerging

U.S. job openings surged to a record high in July, but a lag in hiring suggested employers were struggling to find qualified workers to fill the positions. The monthly Job Openings and Labor Turnover Survey, or JOLTS, released by the Labor Department on Wednesday also pointed to tightening conditions in the labor market, which could spur faster wage growth. JOLTS, is one of the job market metrics on Federal Reserve Chair Janet Yellen's so-called dashboard.