News

US: JOLTS Job Openings rise to 10.1 million in April vs. 9.37 million expected

  • JOLTS Job Openings in the US rose modestly in April.
  • US Dollar Index posts strong daily gains above 104.50.

The data published by the US Bureau of Labor Statistics (BLS) revealed on Wednesday that the number of job openings on the last business day of April stood at 10.1 million, compared to 9.74 million in March. This reading came in higher than the market expectation of 9.37 million.

"Over the month, the number of hires changed little at 6.1 million. Total separations decreased to 5.7 million," the BLS noted in its publication. "Within separations, quits (3.8 million) changed little, while layoffs and discharges (1.6 million) decreased."

Market reaction

The US Dollar gathered strength against its rivals after this report and the US Dollar Index was last seen rising 0.5% on the day at 104.58.

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.


RELATED CONTENT

Loading ...



Copyright © 2024 FOREXSTREET S.L., All rights reserved.