US: JOLTS Job Openings decline to 10.3 million in October

US JOLTS Job Openings declined modestly in October.
US Dollar Index stays in negative territory near 106.50.

Eren Sengezer FXStreet

The number of job openings declined to 10.3 million on the last business day of October from 10.7 million in September, the US Bureau of Labor Statistics (BLS) reported in its Job Openings and Labor Turnover Summary (JOLTS) on Wednesday. This print came in largely in line with the market expectation.

"Over the month the number of hires and total separations changed little at 6.0 million and 5.7 million, respectively," the publication further read. "Within separations, quits (4.0 million) and layoffs and discharges (1.4 million) changed little."

Market reaction

The US Dollar Index edged slightly higher with the initial reaction to this report and was last seen losing 0.3% on the day at 106.52.

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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