US: JOLTS Job Openings rise to new series-high of 10.9 million in July

  • US JOLTS Job Openings climbed to a new series-high in July.
  • US Dollar Index trades in the positive territory near 92.70.

The number of job openings on the last business day of July reached a new series-high of 10.9 million, the US Bureau of Labor Statistics announced in its latest Job Openings and Labor Turnover Summary (JOLTS) on Wednesday. This reading came in higher than the market expectation of 10 million.

"Hires and total separations were little changed at 6.7 million and 5.8 million, respectively," the publication further read. "Within separations, the quits rate was unchanged at 2.7% while the layoffs and discharges rate was little changed at 1.0%.

Market reaction

The US Dollar Index showed no immediate reaction to this report and was last seen rising 0.2% on the day t 92.70.

About the Author

You may also like these