- JOLTS job openings in the US increased slightly in April.
- The Dollar Index posts strong daily gains above 104.50.
Data released by the US Bureau of Labor Statistics (BLS) revealed Wednesday that the number of job openings on the last business day of April stood at 10.1 million, up from 9.74 million in March. This figure exceeds market expectations, which expected 9.37 million.
“Throughout the month, the number of hires changed little, standing at 6.1 million. Total contract breaks decreased to 5.7 million,” the BLS noted in its publication. “Within breaks, resignations (3.8 million) were little changed, while layoffs and layoffs (1.6 million) were down.”
Market reaction
The US dollar strengthened against its rivals following this report and the Dollar Index is up 0.5% on the day to 104.58.
Source: Fx Street
I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.
.jpg "Cesare Cremonini and Giorgia Cardinaletti, the first photo together on social media (with Valentino Rossi)")
