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US: JOLTS Job Openings fall to 10.1 million in August

  • US JOLTS Job Openings declined more than expected in August.
  • US Dollar Index stays deep in negative territory below 111.00.

The number of job openings decreased to 10.1 million on the last business day of August, the US Bureau of Labor Statistics (BLS) reported in its Job Openings and Labor Turnover Summary (JOLTS) on Tuesday. This print came in slightly lower than the market expectation of 10.4 million.

"Hires and total separations were little changed at 6.3 million and 6.0 million, respectively," the BLS further noted in its publication. "Within separations, quits (4.2 million) and layoffs and discharges (1.5 million) were little changed."

Market reaction

The US Dollar Index extends its daily slide during the American trading hours and was last seen losing 0.88% on the day at 110.68.

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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