Job openings report specifies the change in the level of those hired over the past month, excluding those hired in the agricultural sector
This indicator is published two days before the publication of the ADP employment report on the official office of human resources statistics, which provides solutions in the field of employment for companies.
The number of vacancies in the United States decreased by 384,000 to 9.6 million in March 2023, the lowest level since April 2021 and below market expectations of 9.775 million, indicating that the labor market may cool down. Over the month, jobs decreased in transportation, storage and utilities (-144,000) but increased in educational services (+28,000). Meanwhile, the number of appointments and total separations remained relatively stable at 6.1 million and 5.9 million, respectively. Within terminations, the number of quitters (3.9 million) did not show significant changes, while layoffs and layoffs increased (1.8 million).

Outlook for today's statement and how it will affect the currency

The forecast for today's statement is 9.41 million
In the event that the data was issued in numbers higher than expectations, this positively affects the currency and vice versa

The timing of the statement

The statement will be issued at 5 PM Mecca time



Tags: USD

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