US: JOLTS job postings fall to 10.8 million in January, vs. 10.6 million expected

  • Job offers in the US decreased slightly in January.
  • The Dollar Index continues to trade in the daily range slightly above 105.50.

Data released by the US Bureau of Labor Statistics (BLS) revealed on Wednesday that the number of job vacancies on the last business day of January was 10.8 million, up from 11.2 million in December. This number slightly exceeded market expectations, which expected 10.6 million.

Throughout the month, the number of hires and the total number of terminations hardly changed, standing at 6.4 million and 5.9 million, respectively“, said the BLS in its press release. “Within casualties, resignations decreased (3.9 million), while dismissals and casualties increased (1.7 million).”

Market reaction

The DXY Dollar Index did not immediately react to this report and is now trading virtually unchanged at 105.58.

Source: Fx Street

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