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 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 decreased slightly by 54,000 to 10.5 million in November of 2022, compared to market expectations of 10 million, indicating that the job market remains strong. Job vacancies have slowly decreased since reaching a peak of 11.9 million in March 2022. Over the course of the month, the number of job vacancies decreased in finance and insurance (-75,000) and in the federal government (-44,000) but increased in professional and business services (+212,000) and in Non-durable goods manufacturing (+39,000). Meanwhile, the number of hires decreased by 56,000 to 6.1 million, while total dismissals including dismissals, layoffs, layoffs, and other dismissals increased by 114,000, to 5.9 million.

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

The forecast for today's report is 10.28 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 employment report release

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