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US: JOLTS Job Openings rise to 10.7 million in September vs. 10 million expected

  • US JOLTS Job Openings surpassed the market expectation in September.
  • US Dollar Index edges higher toward 111.50 after the data.

The number of job openings increased to 10.7 million on the last business day of September, the US Bureau of Labor Statistics (BLS) reported in its Job Openings and Labor Turnover Summary (JOLTS) on Tuesday. This print came in higher than the market expectation of 10 million.

“The number of hires edged down to 6.1 million, while total separations decreased to 5.7 million,” the publication further read. “Within separations, quits (4.1 million) changed little and layoffs and discharges (1.3 million) edged down.”

Market reaction

The US Dollar Index, which touched a daily low of 110.79, gained traction after this report and was last seen losing 0.2% on the day at 111.35.