A near-record 49% of U.S. small-business owners said they raised worker compensation in March, which barely helped chip away at still-elevated job openings, the National Federation of Independent Business said. The share of small firms boosting worker pay is just below the 50% seen in January, which was the highest in monthly data back to 1986. Some 28% said they planned to raise compensation in the next three months, up slightly from February’s 26%.

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