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JOLTS Job Openings fall to 11.254 million in May

Mohamed Abdelhamid 6 July, 2022 7:52 pm Forex Market, Market Update

The number of job openings decreased to 11.254 million in May from 11.681 million in April, the monthly Job Openings and Labor Turnover Summary (JOLTS) published by the US Bureau of Labor Statistics showed on Wednesday.

“Hires and total separations were little changed at 6.5 million and 6.0 million, respectively,” the data said. “Within separations, quits (4.3 million) and layoffs and discharges (1.4 million) were little changed”, the release added.

The US Dollar Index remains on track to post its highest daily close in nearly two decades above 107.00. Meanwhile, the S&P 500 Index was last seen losing 0.4% on the day.

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