15 pips and US30 26 points potential profit in 26 seconds on 4 February 2025, analysis on futures forex fx news trading EURUSD and USDJPY on US BLS Job Openings and Labor Turnover Survey (JOLT) data

According to our analysis USDJPY and EURUSD moved 15 pips and US30 moved 26 points on US BLS Job Openings and Labor Turnover Survey (JOLT) data on 4 February 2025.

USDJPY (9 pips)

EURUSD (6 pips)

US30 (26 points)

Charts are exported from JForex (Dukascopy).

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Job Openings and Labor Turnover: What Traders Need to Know

The latest Job Openings and Labor Turnover Survey (JOLTS) report from the Bureau of Labor Statistics (BLS) offers key insights into the U.S. labor market for December 2024. With job openings declining, hiring slowing, and layoffs rising in certain sectors, traders should closely analyze these trends to anticipate market movements.

Key Takeaways for Traders

1. Job Openings Drop to 7.6 Million

• December saw a decrease of 556,000 job openings, bringing the total to 7.6 million.

• This marks a 1.3 million decline over the year, indicating a cooling labor market.

• Sectors Hit Hardest:

  • Professional and business services (-225,000)

  • Healthcare and social assistance (-180,000)

  • Finance and insurance (-136,000)

• Sector Showing Growth:

  • Arts, entertainment, and recreation (+65,000)

• Trader Insight: A declining job openings rate (now at 4.5%) suggests economic slowdown, which could weigh on consumer spending and corporate earnings.

2. Hiring Activity Remains Weak

• The number of hires in December remained flat at 5.5 million, down 325,000 year-over-year.

• Hiring in finance and insurance increased by 48,000, which may indicate resilience in this sector.

• Trader Insight: Weak hiring points to softening corporate growth and potential downward pressure on equities, particularly in sectors with job losses.

3. Separations: Layoffs vs. Quits

• Total separations (quits, layoffs, discharges) held steady at 5.3 million.

• Quits Rate:

  • 2.0% (unchanged)

  • Total quits fell by 242,000 YoY, showing reduced worker confidence.

  • Quits declined in transportation, warehousing, and utilities (-42,000), suggesting slowing activity in logistics.

• Layoffs & Discharges:

  • Increased in transportation, warehousing, and utilities (+87,000).

  • Increased in mining and logging (+6,000).

• Trader Insight: Rising layoffs in transportation and warehousing could signal slowing global trade, negatively impacting companies in shipping, logistics, and e-commerce.

Market Implications

Equities:

• Bearish: Sectors seeing major job losses (finance, healthcare, business services) may face weaker earnings.

• Bullish: Companies in entertainment and recreation show hiring growth, suggesting some resilience in consumer discretionary spending.

Fixed Income:

• A softening labor market could lead to increased Federal Reserve dovishness, supporting lower bond yields and a rally in Treasuries.

FX Markets:

• Dollar Weakness? A weakening job market might prompt a less aggressive Fed, potentially denting USD strength.

• Safe Haven Flows: If economic slowdown fears grow, expect flows into JPY and CHF.

Commodities:

• Oil Impact: Increased layoffs in transportation and logistics suggest potential demand weakness, which could weigh on crude prices.

• Gold Strength: Rising economic uncertainty may drive safe-haven demand for gold.

Looking Ahead: January 2025 Report

The next JOLTS report (January 2025) will be released on March 11, 2025. Traders should monitor labor market trends alongside inflation data, GDP growth, and Fed policy shifts for a broader market outlook.

Bottom Line: A cooling labor market is a warning signal for traders. Weaker hiring, falling job openings, and increasing layoffs point to slower economic growth—a potential headwind for risk assets. Stay ahead by adjusting strategies accordingly!

Disclaimer: This blog post is for informational purposes only and should not be construed as financial advice. Always conduct thorough research and consider seeking advice from a financial professional before making any investment decisions.

Source: https://www.bls.gov/news.release/jolts.nr0.htm

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25 pips potential profit in 153 seconds on 7 January 2025, analysis on futures forex fx news trading EURUSD and USDJPY on US BLS Job Openings and Labor Turnover Survey (JOLT) data

According to our analysis USDJPY and EURUSD moved 25 pips on US BLS Job Openings and Labor Turnover Survey (JOLT) data on 7 January 2025.

USDJPY (13 pips)

EURUSD (12 pips)

Charts are exported from JForex (Dukascopy).

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Understanding the Job Market: Insights from the November 2024 JOLTS Report

The U.S. Bureau of Labor Statistics (BLS) recently released its Job Openings and Labor Turnover Survey (JOLTS) report for November 2024, shedding light on the current state of the labor market. Let’s break down the key takeaways and what they mean for job seekers, employers, and policymakers.

Overview of the Labor Market

In November 2024, the number of job openings remained steady at 8.1 million, reflecting minimal month-over-month change but indicating a year-over-year decrease of 833,000 openings. Despite this overall stability, there were notable fluctuations within specific industries that underscore the nuanced nature of the current labor market.

Job Openings: Industry Trends

The job openings rate, at 4.8%, remained largely unchanged. However, there were significant shifts within certain sectors:

• Professional and Business Services: Increased by +273,000 job openings.

• Finance and Insurance: Gained +105,000 new openings.

• Private Educational Services: Increased by +38,000.

• Information Sector: Decreased by -89,000 openings.

These trends suggest continued demand for professionals in service-oriented roles and financial sectors, while industries such as information technology face a reduction in new opportunities.

Hiring Activity

The number of hires in November 2024 stood at 5.3 million, reflecting no significant month-to-month change but marking a year-over-year decline of 300,000 hires. The overall hiring rate remained at 3.3%, signaling a labor market where hiring activity is maintaining a slower but steady pace.

Separations and Quits: A Closer Look

Total separations, which include quits, layoffs, and other types of departures, were 5.1 million in November, down 287,000 from the same period last year. Here’s how the components break down:

• Quits: The number of voluntary resignations dropped to 3.1 million, a decrease of 218,000 over the month and 451,000 over the year. This brought the quits rate to 1.9%, signaling more caution among workers when considering job changes.

• Layoffs and Discharges: These involuntary separations remained at 1.8 million, although this figure represents an increase of 219,000 compared to the previous year. This uptick was particularly noticeable in the accommodation and food services sector, which saw +102,000 additional layoffs and discharges.

The drop in quits suggests a more conservative approach from workers in a period of economic uncertainty, while the rise in layoffs points to possible cost-cutting measures in certain industries.

Impact by Establishment Size

The report also highlighted differences based on company size:

• Small Establishments (1-9 employees): Experienced a decrease in layoffs and discharges.

• Large Establishments (5,000+ employees): Showed little to no change in job openings, hires, or separations, indicating stability in employment patterns for larger employers.

Revisions for October 2024

Revisions to the previous month’s data provided additional clarity:

• Job Openings: Revised upward by 95,000 to 7.8 million.

• Hires: Revised upward by 81,000 to 5.4 million.

• Separations: Revised upward by 45,000 to 5.3 million.

• Within separations, quits were revised downward by 43,000 to 3.3 million, while layoffs and discharges were revised upward by 115,000.

These revisions underscore the importance of ongoing data collection and adjustments as more information becomes available.

What This Means for You

For Job Seekers: The reduction in voluntary quits suggests that fewer people are willing to take the risk of switching jobs. However, opportunities in professional services, finance, and education remain strong.

For Employers: Businesses in certain sectors may need to reconsider hiring and retention strategies to compete for available talent, especially as hiring has slowed but layoffs remain elevated in some industries.

For Policymakers: The increase in layoffs in specific industries and the overall cooling in quits could indicate emerging economic pressures, potentially influencing future policy decisions related to labor and employment.

Looking Ahead

The next JOLTS report, covering December 2024, is scheduled for release on February 4, 2025. As we head into the new year, it will be critical to monitor how labor trends evolve amid changing economic conditions.

Understanding these data points provides valuable context for navigating the complexities of the labor market. Whether you are planning your next career move or assessing your business’s hiring strategies, staying informed is key to making proactive decisions.

Source: https://www.bls.gov/news.release/jolts.nr0.htm

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18 pips potential profit in 3 seconds on 3 December 2024, analysis on futures forex fx news trading EURUSD and USDJPY on US BLS Job Openings and Labor Turnover Survey (JOLT) data

According to our analysis USDJPY and EURUSD moved 18 pips on US BLS Job Openings and Labor Turnover Survey (JOLT) data on 3 December 2024.

USDJPY (15 pips)

EURUSD (3 pips)

Charts are exported from JForex (Dukascopy).

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October 2024 Job Openings and Labor Turnover Report: What You Need to Know

The U.S. Bureau of Labor Statistics (BLS) released its latest Job Openings and Labor Turnover Summary (JOLTS) for October 2024, and the data highlights some key trends in the U.S. labor market. While overall movement was subdued, there were notable shifts in specific sectors and categories. Here's a breakdown of what the numbers tell us about the current state of employment.

1. Job Openings Hold Steady but Show Yearly Decline

On the last business day of October 2024, there were 7.7 million job openings, a figure relatively unchanged from the previous month. However, compared to the same time last year, job openings have declined by 941,000, reflecting a possible cooling in labor demand.

Key changes by sector:

• Increases:

  • Professional and business services: +209,000

  • Accommodation and food services: +162,000

  • Information: +87,000

• Decrease:

  • Federal government: -26,000

The job openings rate remained steady at 4.6%, a potential sign that employers are cautious about expanding their workforce.

2. Hiring Trends: Slight Decline Over the Year

The number of hires remained unchanged at 5.3 million in October but has dropped by 501,000 over the past year. This marks a continued trend of slower hiring. The hires rate also stayed steady at 3.3%, reflecting limited changes in the pace of workforce growth.

Noteworthy sectoral shifts:

• Decline in private educational services: -24,000

3. Separations and Quits: Workers Regaining Confidence?

Total separations, which include quits, layoffs, and other reasons, were little changed at 5.3 million but were down 369,000 compared to last year. The total separations rate has held firm at 3.3% for three consecutive months.

A closer look:

• Quits: Increased to 3.3 million (+228,000 over the month), raising the quits rate to 2.1%. This could indicate growing confidence among workers to leave their jobs for better opportunities.

  • Biggest rise in quits: Accommodation and food services (+90,000)

• Layoffs and Discharges: Stable at 1.6 million (1.0% rate), though retail trade saw an increase (+60,000), while durable goods manufacturing (-37,000) and private educational services (-14,000) declined.

4. Establishment Size Matters

When breaking down the data by establishment size:

• Small businesses (1–9 employees): Saw a decrease in the hires rate.

• Large organizations (5,000+ employees): Little to no change across job openings, hires, quits, and separations, reflecting more stability.

5. September Revisions: Adjustments Reflect New Data

As is common, revisions were made to the September 2024 figures:

• Job openings were revised down by 71,000 to 7.4 million.

• Hires were revised up by 24,000 to 5.6 million.

• Separations remained unchanged at 5.2 million.

  • Notably, quits were revised upward by 27,000, while layoffs and discharges saw a downward revision of 31,000.

What This Means for Employers and Workers

For employers:

• The relatively stable job openings and hiring rates suggest caution in expanding payrolls, despite sectoral variations.

• Industries like accommodation and food services are seeing a surge in quits, potentially signaling challenges in retaining workers.

For workers:

• The uptick in quits indicates a possible increase in confidence, as employees feel more comfortable exploring new opportunities.

• Stable layoffs and discharges suggest a degree of security for most employed individuals.

Looking Ahead

The next JOLTS release, covering November 2024, is scheduled for January 7, 2025. As we head into the new year, it will be important to watch whether these trends hold steady or shift in response to broader economic developments.

Stay tuned for more updates and insights as the labor market continues to evolve.

Source: https://www.bls.gov/news.release/jolts.nr0.htm

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15 pips potential profit in 6 seconds on 29 October 2024, analysis on futures forex fx news trading EURUSD and USDJPY on US BLS Job Openings and Labor Turnover Survey (JOLT) data

According to our analysis USDJPY and EURUSD moved 15 pips on US BLS Job Openings and Labor Turnover Survey (JOLT) data on 29 October 2024.

USDJPY (11 pips)

EURUSD (4 pips)

Charts are exported from JForex (Dukascopy).

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September 2024 Job Market Insights: Steady Openings, Slow Hiring, and a Mixed Separation Picture

The U.S. job market showed signs of stability in September 2024, with job openings holding relatively steady at 7.4 million, slightly below August’s revised estimate of 7.9 million. The recent Job Openings and Labor Turnover Survey (JOLTS) from the Bureau of Labor Statistics gives insight into key labor dynamics, including the balance of job openings, hiring, and separations, while revealing subtle shifts across industries and employer sizes.

Here’s a closer look at what September’s data tells us about the current labor landscape.

Job Openings: Stable but Slower Than Last Year

The number of available jobs in September remained virtually unchanged at 7.4 million, though the year-over-year decline—down by 1.9 million—suggests a gradual cooling in labor demand. The job openings rate held steady at 4.5%. Health care, social assistance, and government roles saw the most significant drops in job postings, with decreases in sectors like state and local government (down by 79,000) and the federal government (down by 28,000). Interestingly, finance and insurance bucked the trend, gaining 85,000 openings in the month.

This dip in job openings across several fields may indicate a shift as employers scale back hiring plans amid economic uncertainties.

Hiring Holds Steady

Hiring rates also saw little movement, with a total of 5.6 million hires in September, consistent with August’s levels. At a hiring rate of 3.5%, employers appear cautious, holding back on aggressive hiring despite the availability of open positions. This measured hiring approach could reflect a shift in focus toward retaining and optimizing current staff, particularly in industries experiencing labor shortages.

Separations: Mixed Signals in Quits and Layoffs

The separation rate remained flat at 5.2 million, though there were intriguing shifts within the categories:

• Quits: The quit rate, a key indicator of worker confidence, held at 1.9%, with 3.1 million workers voluntarily leaving their roles. Notably, quits in professional and business services declined by 94,000, while sectors like state and local government (excluding education) and real estate saw slight increases in voluntary separations. Year-over-year, quits have dropped by 525,000, suggesting workers may be more inclined to stay put, potentially due to a perceived lack of new opportunities or concerns about economic volatility.

• Layoffs and Discharges: Layoffs and discharges remained at 1.8 million, but the year-over-year comparison reveals a jump of 238,000, with notable layoffs in durable goods manufacturing (+46,000). The layoffs and discharges rate inched up to 1.2%, signaling that certain sectors are actively reassessing workforce needs as demand fluctuates.

Other forms of separations, such as retirements, deaths, and relocations, remained mostly static, with 292,000 reported in September.

Trends by Establishment Size

Smaller establishments with fewer than 10 employees saw little movement in job openings, hires, or quits, though their layoffs and discharges rate did rise. On the opposite end of the spectrum, large companies (5,000+ employees) also saw little variation in their openings, hires, and separations rates, possibly indicating an advantage in workforce stability and access to resources for larger employers.

Revisions for August 2024

The BLS revised its August estimates, adjusting job openings downward to 7.9 million, while hires were revised up to 5.4 million. The upward revision in separations, particularly in quits and layoffs, provides further insight into the workforce adjustments underway as employers and workers navigate a changing economic landscape.

What This Means for Workers and Employers

September’s data paints a picture of a job market that’s stabilizing after rapid shifts in recent years. For job seekers, the steady job openings rate and gradual decline in quits could suggest that competition for roles remains robust. Employers, meanwhile, appear to be more conservative in their hiring strategies, focusing on retaining current employees while selectively filling roles in sectors like finance and insurance.

Looking ahead, the labor market’s trajectory may continue on this path of moderation. For workers, it could mean fewer opportunities for job-hopping, while employers may increasingly emphasize retaining and training existing staff.

As we await the next JOLTS release on December 3, 2024, it’s clear that flexibility and adaptability remain crucial in navigating today’s dynamic job market.

Source: https://www.bls.gov/news.release/jolts.nr0.htm

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72 pips potential profit in 91 seconds on 4 September 2024, analysis on futures forex fx news trading EURUSD and USDJPY on US BLS Job Openings and Labor Turnover Survey (JOLT) data

According to our analysis USDJPY and EURUSD moved 72 pips on US BLS Job Openings and Labor Turnover Survey (JOLT) data on 4 September 2024.

USDJPY (59 pips)

EURUSD (13 pips)

Charts are exported from JForex (Dukascopy).

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Understanding the Latest Job Openings and Labor Turnover Data: Insights from July 2024

The U.S. Bureau of Labor Statistics (BLS) recently released its Job Openings and Labor Turnover Summary (JOLTS) for July 2024, providing valuable insights into the dynamics of the U.S. labor market. Let's dive into the key takeaways from this latest report to understand the current employment landscape better.

Job Openings Remain Steady

As of the last business day of July, the number of job openings in the U.S. remained relatively stable at 7.7 million. Although this figure reflects little change from the previous month, it represents a significant decrease of 1.1 million job openings compared to the same time last year. The job openings rate, which measures the number of job openings as a percentage of total employment plus job openings, held steady at 4.6%.

Breaking it down by sector, notable decreases in job openings were observed in:

• Health Care and Social Assistance: Down by 187,000

• State and Local Government, Excluding Education: Down by 101,000

• Transportation, Warehousing, and Utilities: Down by 88,000

Conversely, some sectors saw an increase in job openings:

• Professional and Business Services: Up by 178,000

• Federal Government: Up by 28,000

These figures highlight the shifting demand for labor across different sectors of the economy.

Hiring Activity

The number of hires in July remained largely unchanged at 5.5 million, with a hire rate of 3.5%. This stability suggests that employers are maintaining a cautious approach in their hiring practices, possibly due to economic uncertainties or sector-specific challenges.

However, within certain sectors, there were notable changes:

• Accommodation and Food Services: Hires increased by 156,000, indicating a robust demand for workers in this sector, potentially driven by the continued recovery in travel and dining.

• Federal Government: Hires decreased by 8,000, reflecting a slowdown in recruitment activities.

Separations: Understanding the Fluctuations

Total separations, which encompass quits, layoffs and discharges, and other separations, increased to 5.4 million in July, up by 336,000 from the previous month. The total separations rate, however, remained relatively stable at 3.4%.

Quits

Quits, often seen as a measure of workers' confidence in their ability to leave jobs for better opportunities, were unchanged at 3.3 million in July. However, this figure is down by 338,000 from July 2023, indicating a potential decrease in employee mobility or willingness to change jobs.

There was an increase in quits within the Information sector, rising by 16,000. This could signal that workers in this industry feel more confident about their employment prospects or are exploring new opportunities.

Layoffs and Discharges

The number of layoffs and discharges, representing involuntary separations initiated by employers, remained steady at 1.8 million, with a rate of 1.1%. Specific sectors did experience increases:

• Accommodation and Food Services: Up by 75,000

• Finance and Insurance: Up by 21,000

These increases suggest that while some sectors are expanding, others are adjusting their workforce needs, potentially due to shifting market conditions or internal restructuring efforts.

Other Separations

"Other separations," which include retirements, deaths, disabilities, and transfers to different locations within the same company, increased to 381,000, up by 71,000 in July. This uptick could reflect demographic shifts or changes in company policies regarding retirements and transfers.

Trends by Establishment Size

The JOLTS report also breaks down data by establishment size, offering a glimpse into how businesses of different sizes are navigating the labor market:

• Small Establishments (1 to 9 employees): These businesses saw a decrease in the quits rate and an increase in the layoffs and discharges rate, indicating potential challenges in retaining staff or a more dynamic restructuring process.

• Large Establishments (5,000 or more employees): These larger entities experienced little to no change across various metrics, suggesting a stable employment environment within big businesses.

Revisions to June 2024 Data

It's worth noting that the BLS revised its June 2024 data, with job openings revised down by 274,000 to 7.9 million and hires revised down by 93,000 to 5.2 million. These revisions underscore the evolving nature of labor market data, as new information becomes available and seasonal factors are recalibrated.

Looking Ahead

The next JOLTS release, which will cover data for August 2024, is scheduled for October 1, 2024. As we await further data, these figures from July offer a snapshot of a labor market in flux, characterized by sector-specific shifts and a cautious approach to hiring and separations. Employers and job seekers alike will benefit from staying informed about these trends as they navigate the current economic landscape.

Stay tuned for more updates and in-depth analysis of labor market conditions in the coming months!

Source: https://www.bls.gov/news.release/jolts.nr0.htm

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28 pips potential profit in 15 seconds on 3 January 2024, analysis on futures forex fx news trading EURUSD and USDJPY on US BLS Job Openings and Labor Turnover Survey (JOLT) data

According to our analysis USDJPY and EURUSD moved 28 pips on US BLS Job Openings and Labor Turnover Survey (JOLT) data on 3 January 2024.

USDJPY (20 pips)

EURUSD (8 pips)

Charts are exported from JForex (Dukascopy).

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The Job Openings and Labor Turnover Summary for November 2023, released by the U.S. Bureau of Labor Statistics, presents a detailed overview of the labor market dynamics during that month. Key points from the summary include:

1. Job Openings: The number of job openings remained relatively stable at 8.8 million, a slight decrease from the series high of 12.0 million in March 2022. The job openings rate was unchanged at 5.3%. Notably, there were decreases in job openings in transportation, warehousing, and utilities, as well as in the federal government, while there was an increase in wholesale trade.

2. Hires: There was a decrease in hires to 5.5 million, with the hires rate remaining relatively stable at 3.5%. The most significant reduction in hires was observed in professional and business services.

3. Separations: Total separations, which include quits, layoffs and discharges, and other separations, decreased to 5.3 million. This category covers voluntary separations (quits), involuntary separations (layoffs and discharges), and other separations such as retirements, deaths, or transfers. The rate of total separations remained fairly stable.

4. Quits and Layoffs/Discharges: The number of quits slightly decreased to 3.5 million, with a minor decrease in the quits rate. The number of layoffs and discharges remained steady at 1.5 million. Notable decreases in quits were in professional and business services and educational services.

5. Other Separations: There was little change in the number of other separations, which stood at 342,000.

6. Establishment Size Class: For establishments with 1 to 9 employees, there was little change in job openings, hires, and total separations rates. However, for larger establishments with 5,000 or more employees, there was an increase in the quits rate and total separations rate.

The next set of estimates, for December 2023, is scheduled to be released on January 30, 2024. This summary provides insights into the employment trends and shifts in various sectors, which are crucial for understanding the current state of the labor market.

Source: https://www.bls.gov/news.release/jolts.nr0.htm

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36 pips potential profit in 130 seconds on 5 December 2023, analysis on futures forex fx news trading EURUSD and USDJPY on US BLS Job Openings and Labor Turnover Survey (JOLT) data

According to our analysis USDJPY and EURUSD moved 36 pips on US BLS Job Openings and Labor Turnover Survey (JOLT) data on 5 December 2023.

USDJPY (25 pips)

EURUSD (11 pips)

Charts are exported from JForex (Dukascopy).

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Analyzing the October 2023 Job Openings and Labor Turnover Report: What the Numbers Reveal about the U.S. Labor Market

Introduction: The U.S. Bureau of Labor Statistics recently released its Job Openings and Labor Turnover report for October 2023, providing valuable insights into the dynamics of the country's labor market. This comprehensive report covers key indicators such as job openings, hires, and separations, shedding light on trends that impact various industries and employment sectors.

Job Openings: A Closer Look: The report highlights that the number of job openings decreased to 8.7 million on the last business day of October, reflecting a decline of 617,000. This dip is particularly noteworthy, and the job openings rate, standing at 5.3 percent, decreased by 0.3 percentage points over the month and 1.1 points over the year.

The health care and social assistance, finance and insurance, and real estate and rental and leasing sectors experienced declines in job openings. However, the information sector saw an increase of 39,000 job openings. This variance among sectors indicates the diverse landscape of employment opportunities in the U.S.

Hires and Separations: A Balanced Perspective: October 2023 saw relatively stable numbers in hires and total separations, with 5.9 million hires and 5.6 million total separations. The hires rate remained at 3.7 percent, demonstrating a steady pace in recruitment activities. Accommodation and food services, however, experienced a decrease in the number of hires by 110,000, suggesting a potential shift in this sector.

Total separations include quits, layoffs and discharges, and other separations. The quits rate, a measure of employees' willingness or ability to leave jobs, remained at 2.3 percent for the fourth consecutive month. Professional and business services saw an increase in quits by 97,000. Layoffs and discharges remained stable at 1.6 million, with no significant changes across industries.

Establishment Size Class: A Nuanced Perspective: The report breaks down the data by establishment size class, revealing interesting patterns. In October, job openings, hires, and total separations rates remained relatively stable for establishments with 1 to 9 employees. However, establishments with 5,000 or more employees saw a decrease in the quits rate and total separations rate, offering insights into the dynamics of larger enterprises.

Conclusion: The October 2023 Job Openings and Labor Turnover report provides a comprehensive snapshot of the U.S. labor market, showcasing both challenges and opportunities. The decline in job openings and shifts in hires across sectors indicate a dynamic environment. As we await the November 2023 estimates, policymakers, businesses, and job seekers can use this data to make informed decisions and navigate the evolving landscape of the U.S. labor market.

Source: https://www.bls.gov/news.release/jolts.nr0.htm

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8 pips and 43 points potential profit in 36 seconds on 1 November 2023, analysis on futures forex fx news trading EURUSD and US30 on US BLS Job Openings and Labor Turnover Survey (JOLT) data

According to our analysis EURUSD moved 8 pips and US30 moved 43 points on US BLS Job Openings and Labor Turnover Survey (JOLT) data on 1 November 2023.

EURUSD (8 pips)

US30 (43 points)

Charts are exported from JForex (Dukascopy).

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The U.S. Bureau of Labor Statistics has released the "Job Openings and Labor Turnover Summary" for September 2023. Here are the key highlights from the report:

Job Openings:

• The number of job openings remained relatively stable at 9.6 million on the last business day of September.

• The job openings rate was unchanged at 5.7 percent.

• Job openings increased in the accommodation and food services industry (+141,000) and in arts, entertainment, and recreation (+39,000).

• However, job openings decreased in other services (-124,000), federal government (-43,000), and information (-41,000).

Hires:

• In September, the number of hires changed little, remaining at 5.9 million.

• The hire rate was 3.7 percent for the third consecutive month.

• The number of hires remained relatively stable across all industries.

Separations:

• Total separations include quits, layoffs and discharges, and other separations.

• The number and rate of total separations in September changed little at 5.5 million and 3.5 percent, respectively.

• Over the month, total separations decreased in state and local government education (-42,000) and in nondurable goods manufacturing (-37,000) but increased in federal government (+8,000).

Quits:

• In September, the number of quits changed little at 3.7 million, and the quit rate was 2.3 percent for the third consecutive month.

• The number of quits increased in the information industry (+24,000) but decreased in state and local government, excluding education (-15,000).

Layoffs and Discharges:

• In September, the number and rate of layoffs and discharges changed little at 1.5 million and 1.0 percent, respectively.

• The number of layoffs and discharges decreased in state and local government education (-22,000).

Other Separations:

• The number of other separations remained relatively stable in September at 352,000.

Establishment Size Class:

• Job openings, hires, and total separations rates remained stable for establishments with 1 to 9 employees.

• The job openings rate decreased for establishments with 5,000 or more employees.

The report provides insights into the state of the labor market, including job openings, hires, and separations across various industries and establishment sizes.

The Job Openings and Labor Turnover Survey estimates for October 2023 are scheduled to be released on Tuesday, December 5, 2023, at 10:00 a.m. (ET).

Source: https://www.bls.gov/news.release/jolts.nr0.htm

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37 pips potential profit in 4 seconds on 31 May 2023, analysis on futures forex fx news trading USDJPY and EURUSD on US BLS Job Openings and Labor Turnover Survey (JOLT) data

According to our analysis USDJPY and EURUSD moved 37 pips on US BLS Job Openings and Labor Turnover Survey (JOLT) data on 31 May 2023.

Start futures #forex fx news #trading with Haawks G4A low latency machine-readable data today, the fastest news data feed for US economic and commodity data.

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USDJPY (30 pips)

EURUSD (7 pips)

Charts are exported from JForex (Dukascopy).

39 pips potential profit in 2 minutes on 4 April 2023, analysis on futures forex fx news trading USDJPY and EURUSD on US BLS Job Openings and Labor Turnover Survey (JOLT) data

According to our analysis USDJPY and EURUSD moved 39 pips on US BLS Job Openings and Labor Turnover Survey (JOLT) data on 4 April 2023.

Start futures #forex fx news #trading with Haawks G4A low latency machine-readable data today, the fastest news data feed for US economic and commodity data.

Please let us know your feedback. If you are interested in timestamps, please send us an email to sales@haawks.com.

USDJPY (28 pips)

EURUSD (11 pips)

Charts are exported from JForex (Dukascopy).