(Bloomberg) — Job openings climbed in January, pointing to sustained gains in the U.S. labor market after the best year of hiring since 1999.

The number of positions waiting to be filled in the U.S. rose by 121,000 to 5 million in January, the highest level in 14 years, from a revised 4.88 million the prior month, the Labor Department reported today in Washington. The rate of hiring cooled, while the number of Americans quitting their jobs increased.

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