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- US: JOLTS Job Openings fall sightly to 11.266 million in February vs. 11.0 million expected
US: JOLTS Job Openings fall sightly to 11.266 million in February vs. 11.0 million expected
There were 11.266M job opening in the US at the end of February, the latest JOLTs Job-Opening data release on Tuesday by the US Labour Department showed. That was slightly less than the 11.283M openings at the end of January, but well above the 11.0M expected.
Market Reaction
Robust JOLTs data which points to a backdrop of continued very strong demand for labour throughout the US economy has not been enough to lift the buck from session lows, with the DXY still trading in the low 98.00s. The safe-haven USD has been weighed on Tuesday amid positive Russo-Ukraine updates that have spurred hope for a ceasefire.
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