US JOLTS Job Openings
Job creation is an important leading indicator of consumer spending, which accounts for a majority of overall economic activity;
It's released late, but can impact the market because job openings are a leading indicator of overall employment;
- US JOLTS Job Openings Graph
- History
Expected Impact / Date | Actual | Forecast | Previous |
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Jun 4, 2024 | 8.06M | 8.37M | 8.36M |
May 1, 2024 | 8.49M | 8.68M | 8.81M |
Apr 2, 2024 | 8.76M | 8.76M | 8.75M |
Mar 6, 2024 | 8.86M | 8.80M | 8.89M |
Jan 30, 2024 | 9.03M | 8.73M | 8.93M |
Jan 3, 2024 | 8.79M | 8.84M | 8.85M |
Dec 5, 2023 | 8.73M | 9.31M | 9.35M |
Nov 1, 2023 | 9.55M | 9.34M | 9.50M |
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- US JOLTS Job Openings News
- From zerohedge.com|Jun 5, 2024
Weak labor market data (JOLTS big miss) and mixed Orders (Manufacturing beat, Durables miss) sent 'hard' data' to its weakest since the start of the year.. chart ...and that 'bad' news was enough to spark another dovish leg higher in rate-cut expectations... chart BUT... and its a big but, stocks didn't love the 'bad news'. Small Caps were particularly ugly but an afternoon srge lifted the majors green but they could not hold all the gains... chart As David Rosenberg noted on X: "The fact that equities are not responding well ...
- From bnnbloomberg.ca|Jun 4, 2024
US job openings fell in April to the lowest level in over three years, consistent with a gradual slowdown in the labor market. Available positions decreased to 8.06 million from a downwardly revised 8.36 million reading in the prior month, the Bureau of Labor Statistics Job Openings and Labor Turnover Survey, known as JOLTS, showed Tuesday. The figure was below all estimates in a Bloomberg survey of economists. The decline helped lower a ratio closely watched by the Federal Reserve — the number of vacancies per unemployed worker — to ...
- From cnn.com|Jun 4, 2024
The number of job openings in the US shrank for the second month in a row, setting a new three-year low amid further signals of cooling in the labor market. There were 8.06 million available jobs posted in April, according to the Bureau of Labor Statistics’ latest Job Openings and Labor Turnover Survey (JOLTS) report released Tuesday. That’s below the downwardly revised 8.36 million seen a month before. Economists were expecting job openings to register 8.36 million, according to FactSet estimates. As of April, there were an ...
- From bls.gov|Jun 4, 2024|10 comments
The number of job openings changed little at 8.1 million on the last business day of April, the U.S. Bureau of Labor Statistics reported today. Over the month, both the number of hires and total separations were little changed at 5.6 million and 5.4 million, respectively. Within separations, quits (3.5 million) and layoffs and discharges (1.5 million) changed little. This release includes estimates of the number and rate of job openings, hires, and separations for the total nonfarm sector, by industry, and by establishment size ...
- From cnbc.com|Jun 4, 2024|1 comment
Gold prices inched down on Tuesday after rising 1% in the previous session as investors awaited U.S. jobs data due later this week for clues on the Federal Reserve’s interest rate trajectory. Spot gold was down 0.2% at $2,345.76 per ounce, as of 0323 GMT. Prices touched their lowest level in nearly a month on Monday before settling 1% higher. U.S. gold futures fell 0.1% to $2,366.00. Wednesday’s ADP employment report and non-farm payrolls data due on Friday will be closely watched for further clues on the health of the U.S. labor ...
- From disciplinefunds.com|May 2, 2024
Wednesday’s Fed decision was largely unsurprising. But the most important data point of the day came long before the Fed decision. The latest JOLTS report showed the lowest levels of quits since early 2018 when Core PCE inflation was around 2%. This is an interesting data point because the quit rate has tended to be a good measure of labor market tightness. As the following chart shows the quit rate tends to lead hourly earnings. The basic logic is that quits are indicative of how much negotiating power workers have. When they are ...
- From think.ing.com|May 1, 2024|1 comment
Ahead of today’s Federal Reserve FOMC meeting we have had some fairly subdued US activity numbers. The ISM manufacturing index dropped back into contraction territory in April at 49.2 from 50.3 (consensus 50.0). Production held just above the break-even 50 level at 51.3, but new orders are contracting again at 49.1, the lowest level since December, while the employment component came in at 48.6, the 7th consecutive sub-50 print and the 13th sub-50 reading in the past 15 months. Prices paid jumped to 60.9 from 55.8, but this is a ...
- From bls.gov|May 1, 2024|2 comments
The number of job openings changed little at 8.5 million on the last business day of March, the U.S. Bureau of Labor Statistics reported today. Over the month, the number of hires changed little at 5.5 million while the number of total separations decreased to 5.2 million. Within separations, quits (3.3 million) and layoffs and discharges (1.5 million) changed little. This release includes estimates of the number and rate of job openings, hires, and separations for the total nonfarm sector, by industry, and by establishment size class. Job Openings On the last business day of March, the number of job openings changed little at 8.5 million; this measure was down by 1.1 million over the year. The rate was little changed at 5.1 percent in March. Job openings decreased in construction (-182,000) and in finance and insurance (-158,000), but increased in state and local government education (+68,000). (See table 1.) Hires In March, the number of hires was little changed at 5.5 million but was down by 455,000 over the year. The rate, at 3.5 percent, changed little in March. (See table 2.) Separations Total separations include quits, layoffs and discharges, and other separations. Quits are generally voluntary separations initiated by the employee. Therefore, the quits rate can serve as a measure of workers’ willingness or ability to leave jobs. Layoffs and discharges are involuntary separations initiated by the employer. Other separations include separations due to retirement, death, disability, and transfers to other locations of the same firm. post: The private-sector job vacancy rate fell to 5.3% in March, the lowest level since January 2021 There were 1.3 vacancies for every unemployed worker in March, the lowest since August 2021 pic.twitter.com/RkgPX1elhk post:
U.S. quits rate fell to 2.1% in March 2024 (lowest since August 2020) pic.twitter.com/WWDrqNaml2
Released on Jun 4, 2024 |
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Released on May 1, 2024 |
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