United States USD

United States JOLTs Job Openings

Impact:
High

Latest Release:

Date:
Surprise:
-0.113M
| USD
Actual:
7.437M
Forecast: 7.55M
Previous/Revision:
7.712M
Period: Jun

Next Release:

Date:
Forecast: 7.3M
Period: Jul
What Does It Measure?
The JOLTs Job Openings report measures the number of job vacancies in the United States at a specific time, reflecting the demand for labor and overall health of the labor market. It specifically assesses components such as job openings, hires, separations, and turnover rates, serving as a national indicator of employment trends.
Frequency
The JOLTs report is released monthly, typically on the last business day of the month, and it presents final figures based on comprehensive data collection efforts.
Why Do Traders Care?
Traders closely monitor the JOLTs Job Openings report as it provides insights into labor market dynamics, influencing economic forecasts, and potential monetary policy decisions. Stronger-than-expected job openings can indicate economic expansion, bullish trends for the USD, and upward pressure on equities, while disappointing figures may signal economic weakness and have bearish implications.
What Is It Derived From?
The JOLTs report is derived from the Current Employment Statistics (CES) survey and collects data from approximately 21,000 businesses across various industries to capture job market trends. It utilizes a comprehensive methodology, including diffusion indices, which assess job openings in relation to employment levels, granting weights based on industry size.
Description
The JOLTs Job Openings report provides a detailed snapshot of job opportunities in the U.S. labor market, helping to assess both the supply and demand for labor, as well as future employment trends. The report reflects how businesses are responding to economic conditions and may hint at employers' confidence in the economy as they choose to create new openings.
Additional Notes
As a leading indicator, the JOLTs data often precedes changes in unemployment rates and overall employment conditions, offering insights into broader economic trends. The report can be compared to other employment-related indicators such as non-farm payrolls and unemployment rates to gauge labor market health.
Bullish or Bearish for Currency and Stocks
Higher than expected: Bullish for USD, Bullish for Stocks.

Legend

High Potential Impact
This event has a strong potential to move markets significantly. If the 'Actual' value differs enough from the forecast or if the 'Previous' value is significantly revised, it signals new information that markets may rapidly adjust to.

Medium Potential Impact
This event may cause moderate market movement, especially if the 'Actual' deviates from the forecast or there's a notable revision to the 'Previous' value.

Low Potential Impact
This event is unlikely to affect market pricing unless there's an unexpected surprise or a major revision to prior data.

Surprise - Currency May Strengthen
Actual deviated from Forecast on a medium or high impact event and historically could strengthen the currency.

Surprise - Currency May Weaken
Actual deviated from Forcast on a medium or high impact event and historically could weaken the currency.

Big Surprise - Currency More Likely To Strengthen
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely strengthen the currency.

Big Surprise - Currency More Likely To Weaken
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely weaken the currency

Green Number Better than forecast for the currency (or previous revise better)
Red Number Worse than forecast for the currency (or previous revise better)
Hawkish Supports higher interest rates to fight inflation, strengthening the currency but weighing on stocks.
Dovish Favors lower rates to boost growth, weakening the currency but lifting stocks.
Date Time Actual Forecast Previous Surprise
7.437M
7.55M
7.712M
-0.113M
7.769M
7.3M
7.395M
0.469M
7.391M
7.1M
7.2M
0.291M
7.192M
7.48M
7.48M
-0.288M
7.568M
7.63M
7.762M
-0.062M
7.74M
7.63M
7.508M
0.11M
7.6M
8M
8.156M
-0.4M
8.098M
7.7M
7.839M
0.398M
7.744M
7.48M
7.372M
0.264M
7.443M
7.99M
7.861M
-0.547M
8.04M
7.655M
7.711M
0.385M
7.673M
8.1M
7.91M
-0.427M
8.184M
8M
8.23M
0.184M
8.14M
7.91M
7.919M
0.23M
8.059M
8.34M
8.355M
-0.281M
8.488M
8.69M
8.813M
-0.202M
8.756M
8.75M
8.748M
0.006M
8.863M
8.9M
8.889M
-0.037M
9.026M
8.75M
8.925M
0.276M
8.79M
8.85M
8.852M
-0.06M
8.733M
9.3M
9.35M
-0.567M
9.553M
9.25M
9.497M
0.303M
9.61M
8.8M
8.92M
0.81M
8.827M
9.465M
9.165M
-0.638M
9.582M
9.61M
9.616M
-0.028M
9.8M
9.935M
10.32M
-0.135M
10.103M
9.375M
9.745M
0.728M
9.59M
9.775M
9.974M
-0.185M
9.931M
10.4M
10.563M
-0.469M
10.824M
10.5M
11.234M
0.324M
11.012M
10.25M
10.44M
0.762M
10.458M
10M
10.512M
0.458M
10.334M
10.3M
10.687M
0.034M
10.717M
10M
10.28M
0.717M
10.053M
10.775M
11.17M
-0.722M
11.239M
10.45M
11.04M
0.789M
10.698M
11M
11.303M
-0.302M
11.254M
11M
11.681M
0.254M
11.4M
11.4M
11.855M
11.549M
11M
11.344M
0.549M
11.266M
11M
11.283M
0.266M
11.263M
10.925M
11.448M
0.338M
10.925M
10.3M
10.775M
0.625M
10.562M
11.075M
11.033M
-0.513M
11M
10.369M
10.602M
0.631M
10.438M
10.3M
10.629M
0.138M
10.439M
10.925M
11.098M
-0.486M
10.934M
10M
10.185M
0.934M
10.073M
9.281M
9.483M
0.792M
9.209M
9.388M
9.193M
-0.179M
9.286M
8.3M
8.288M
0.986M
8.123M
7.5M
7.526M
0.623M
7.367M
6.995M
7.099M
0.372M
6.917M
6.6M
6.752M
0.317M
6.646M
6.5M
6.572M
0.146M
6.527M
6.3M
6.632M
0.227M
6.652M
6.3M
6.494M
0.352M
6.436M
6.5M
6.352M
-0.064M
6.493M
6.685M
6.697M
-0.192M
6.618M
6M
6.001M
0.618M
5.889M
4.91M
5.371M
0.979M
5.397M
4.85M
4.996M
0.547M
5.046M
5M
6.011M
0.046M
6.191M
3.1M
7.004M
3.091M
6.882M
6.6M
7.012M
0.282M
6.963M
6.476M
6.552M
0.487M
6.423M
7M
6.787M
-0.577M
6.8M
7.233M
7.361M
-0.433M
7.267M
7.018M
7.032M
0.249M
7.024M
7.028M
7.301M
-0.004M
7.051M
7.191M
7.174M
-0.14M
7.217M
7.311M
7.248M
-0.094M
7.348M
7.317M
7.384M
0.031M
7.323M
7.47M
7.372M
-0.147M
7.449M
7.479M
7.474M
-0.03M
7.488M
7.24M
7.142M
0.248M
7.087M
7.55M
7.625M
-0.463M
7.581M
7.31M
7.479M
0.271M
7.335M
6.9M
7.166M
0.435M
6.888M
7.063M
7.131M
-0.175M
7.079M
6.995M
6.96M
0.084M
7.009M
7.1M
7.293M
-0.091M
7.136M
6.945M
7.077M
0.191M
6.939M
6.68M
6.822M
0.259M
6.662M
6.646M
6.659M
0.016M
6.638M
6.583M
6.84M
0.055M
6.698M
6.4M
6.633M
0.298M
6.55M
6.101M
6.078M
0.449M
6.052M
6.173M
6.228M
-0.121M
6.312M
5.89M
5.667M
0.422M
5.811M
5.9M
5.978M
-0.089M
5.879M
6.038M
5.925M
-0.159M
5.996M
6.09M
6.177M
-0.094M
6.093M
6.091M
6.09M
0.002M
6.082M
6.125M
6.14M
-0.043M
6.17M
5.96M
6.116M
0.21M
6.163M
5.6M
5.702M
0.563M
5.666M
5.95M
5.967M
-0.284M
6.044M
5.65M
5.785M
0.394M
5.743M
5.67M
5.682M
0.073M
5.743M
5.655M
5.625M
0.088M
5.626M
5.45M
5.539M
0.176M
5.501M
5.568M
5.505M
-0.067M
5.522M
6.09M
5.451M
-0.568M
5.534M
5.5M
5.631M
0.034M
5.486M
5.508M
5.453M
-0.022M
5.443M
5.72M
5.831M
-0.277M
5.871M
5.58M
5.643M
0.291M
5.624M
5.57M
5.514M
0.054M
5.5M
5.7M
5.845M
-0.2M
5.788M
5.672M
5.67M
0.116M
5.757M
5.412M
5.608M
0.345M
5.445M
5.5M
5.604M
-0.055M
5.541M
5.5M
5.281M
0.041M
5.607M
5.4M
5.346M
0.207M
5.431M
5.41M
5.349M
0.021M
5.383M
5.55M
5.534M
-0.167M
5.526M
5.37M
5.377M
0.156M
5.37M
5.625M
5.668M
-0.255M
5.753M
5.288M
5.323M
0.465M
5.249M
5.3M
5.357M
-0.051M
5.363M
5.35M
5.334M
0.013M
5.376M
5.1M
5.109M
0.276M
4.994M
5.085M
5.144M
-0.091M