US JOLTS Job Openings rise to 8.09 million in November vs. 7.7 million forecast

Job openings in the US rose above 8 million in November.
US Dollar Index stays in positive territory slightly above 108.50.

Eren Sengezer FXStreet

The number of job openings on the last business day of November stood at 8.09 million, the US Bureau of Labor Statistics (BLS) reported in the Job Openings and Labor Turnover Survey (JOLTS) on Tuesday. This reading followed the 7.83 million reported in October and came in above the market expectation of 7.7 million.

"Over the month, hires and total separations were little changed at 5.3 million and 5.1 million, respectively," the BLS said in its press release. "Within separations, quits (3.1 million) decreased, but layoffs and discharges (1.8 million) changed little."

Market reaction

The US Dollar Index edged higher following this report and was last seen gaining 0.25% on the day at 108.55.

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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