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US JOLTS Preview: Fed doves need a decline in job openings

From fxstreet.com

The Job Openings and Labor Turnover Survey (JOLTS) will be released on Tuesday, August 1, by the US Bureau of Labor Statistics (BLS). The publication will reveal the change in the number of job openings in June, alongside the number of layoffs and quits. JOLTS data will be scrutinized by market participants and Federal Reserve policymakers, as it could provide valuable insights regarding the supply-demand dynamics in the labor market. What to expect in the next JOLTS report? The number of job openings on the last business day of June is forecast to decline to 9.6 million from 9.8 million in May. "Over the month, the ... (full story)

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  • Category: Fundamental Analysis