Vacancy rate 4.8% versus 4.6% last monthQuits rate 1.9% versus 1.8% last month. Hires 3.3% versus 3.3% last monthSeparations rate 3.2% versus 3.3% last month
Looking at the trend from the chart above, the JOLTS were probably overstated at the highs with companies competing for workers. There has been a steady decline but to higher levels from pre-pandemic.
So job openings are down, but to old high levels and now going higher.
This article was written by Greg Michalowski at www.forexlive.com. Read More Details
Finally We wish PressBee provided you with enough information of ( JOLTS job openings 8.098M vs 7770M estimate )
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