US: JOLTS Job Openings decline to 10.4 million in August vs. 10.9 million expected

US JOLTS Job Openings declined modestly in August.
US Dollar Index stays in the positive territory near 94.50.

Eren Sengezer FXStreet

The number of job openings on the last business day of August declined to 10.4, the US Bureau of Labor Statistics announced in its latest Job Openings and Labor Turnover Summary (JOLTS) on Tuesday. This reading came in lower than the market expectation of 10.9 million.

"Hires decreased to 6.3 million while total separations were little changed at 6.0 million," the publication further revealed. "Job openings decreased in several industries with the largest decreases in health care and social assistance (-224,000)."

Market reaction

This report doesn't seem to be having a significant impact on the greenback's performance against its rivals. As of writing, the US Dollar Index was up 0.1% on the day at 90.45.

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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