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.

Eren Sengezer FXStreet

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.

Author

Eren Sengezer

FXStreet

As an economist at heart, Eren Sengezer specializes in the assessment of the short-term and long-term impacts of macroeconomic data, central bank policies and political developments on financial assets.

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