Fiper | JOLTS Job Openings 4/10/2022

The Job Opportunities Report (JOLTs) is a monthly report on job vacancies in the commercial, industrial, and office areas of the United States. The account includes all vacancies that remain open as of the last working day of the month
The number of job vacancies in the United States increased by 199,000 from the previous month to 11.2 million in July of 2022, while markets expected it to decline to 10.45 million. This was the first increase in employment after three consecutive months of slight declines, reflecting the continued tightening of the labor market amidst a labor shortage. Increasing employment opportunities in transportation, warehousing and utilities (+81000); arts, entertainment and recreation (+53000); Federal Government (+47000); State and local government education (+42,000), but decreased in durable goods manufacturing (-47,000). Meanwhile, about 4.2 million Americans quit their jobs in July, little changed from the previous month, as the quit rate fell to 2.7%.

The forecast for today's report and how it affects the currency

The forecast for today's report is 11.07 million
If the decision is issued above expectations, it will positively affect the currency, and if the decision is issued below expectations, it will negatively affect the currency