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 rose to 11.0 million in December of 2022, the most in 5 months and above market expectations of 10.25 million. Over the month, the largest increases were in accommodation and food services (+409,000), retail (+134,000) and construction (+82,000). On the other hand, the number of jobs available in the information has decreased (-107,000). Meanwhile, the number of hires and total separations changed little at 6.2 million and 5.9 million, respectively. Within dismissals, quits (4.1 million) and layoffs and layoffs (1.5 million) changed slightly. The jobless jobless ratio rose to a near record 1.9 from 1.7 the previous month and compared to 1.2 before the pandemic

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

The forecast for today's report is 10.58 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 six o'clock in the evening, Mecca Al-Mukarramah time