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US: JOLTS Job Openings decline to 9.59 million in March vs. 9.77 million expected

  • JOLTS Job Openings in the US continued to decline in March.
  • US Dollar Index holds above 102.00 in the American session.

The data published by the US Bureau of Labor Statistics (BLS) revealed on Tuesday that the number of job openings on the last business day of March stood at 9.59 million, compared to 9.97 million in February. This reading came in below the market expectation of 9.77 million.

"Over the month, the number of hires and total separations were little changed at 6.1 million and 5.9 million, respectively," the BLS further noted in its publication. "Within separations, quits (3.9 million) changed little, while layoffs and discharges (1.8 million) increased."

Market reaction

The US Dollar Index showed no immediate reaction to this data and was last seen rising 0.1% on the day at 102.21.

Author

Eren Sengezer

As an economist at heart, Eren Sengezer specializes in the assessment of the short-term and long-term impacts of macroeconomic data, central bank policies and political developments on financial assets.

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