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JOLTS Preview: Falling job openings could confirm US labor market is losing steam
The Job Openings and Labor Turnover Survey (JOLTS) will be released on Tuesday by the US Bureau of Labor Statistics (BLS). The publication will provide data about the change in the number of job openings in October, alongside the number of layoffs and quits. JOLTS data will be scrutinized by market participants and Federal Reserve (Fed) policymakers because it could provide valuable insights regarding the supply-demand dynamics in the labor market, a key factor impacting salaries and inflation. What to expect in the next JOLTS report? The number of job openings on the last business day of October is forecast to ... (full story)
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