The Job Opportunities Report (JOLTs) is a monthly report on job vacancies in the commercial, industrial and office areas of the United States. The calculation includes all vacancies that remain open as of the last business day of the month
The number of job vacancies in the United States unexpectedly increased by 437,000 to 10.72 million in September 2022, up from 10.2 million in August and easily exceeding market expectations of 10.0 million. The level of openings remained close to the record high levels seen at the end of 2021, which could add to the inflationary pressure from wage increases to attract and retain employees. The openings were in several industries with the largest increases reported in lodging and food services (+215,000); health care and social assistance (+115,000); and transportation, storage and utilities (+111,000). Meanwhile, employment opportunities decreased in wholesale trade (-104,000) and in finance and insurance (-83,000). Elsewhere, the number of hires decreased by 252,000 to 6.33 million, while total dismissals, including dismissals, layoffs, layoffs, and other dismissals decreased by 370,000 to 5.69 million.

Expectations for today's report and how it will affect the currency

The forecast for today's report is 10.24 million
If the decision is issued higher than expectations, it will positively affect the currency, and if the decision is issued lower than expectations, it will negatively affect the currency

The timing of the news release

The report will be issued at five o'clock in the evening, Beirut time



Tags: USD

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