US JOLTs Job Openings misses consensus in March
|The US Bureau of Labor Statistics (BLS) revealed in its Job Openings and Labor Turnover Survey (JOLTS) on Wednesday that on the final business day of March, the number of job openings reached 8.488 million. This figure was 325K below March's revised count of 8.813 million (previously reported as 8.756 million) and came in short of market's expectation of 8.680 million.
According to the press release, "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."
Market reaction to JOLTS Job Openings data
The US Dollar (USD) Index extended its daily corrective decline and approaches the 106.00 support ahead of the FOMC gathering.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.