Fiper | JOLTS Job Openings

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 fell to 10.1 million in August of 2022, the lowest level since June 2021, from 11.2 million in July and a record high of 11.9 million in March. The numbers came in below market expectations of 10.775 million but still above pre-pandemic levels, indicating that demand for workers remained strong. The largest declines were in health care and social assistance (-236,000), other services (-183,000), and retail trade (-143,000). Meanwhile, 4.2 million Americans quit their jobs in August, little changed from the previous month, with the so-called quit rate unchanged at 2.7%. The ratio of job vacancies to the unemployed also decreased by 1.7 jobs per unemployed person in August, down from about 2 in July.

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

The forecast for today's report is 9.75 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