- Prior month 7.208M revised from 7.181M last month
- JOLTS job openings 7.227M higher than the 7.185M estimate.
Although higher than expectations, the chart above shows the sideways action above and below the 7.500M level. With the number below it is relatively weaker.
Details from the report:
- Hires: 5.1M (3.2%) — little changed m/m; little changed across all industries.
Total separations: 5.1M (3.2%), little changed; down in accommodation & food services (-113k) and arts/entertainment/recreation (-48k); up in state & local gov’t ex-education (+27k).
Quits: 3.1M (1.9%), little changed; down in accommodation & food services (-140k) and arts/entertainment/recreation (-22k); up in construction (+56k).
Layoffs & discharges: 1.7M (rate 1.1% unchanged); down in wholesale trade (-36k) and federal gov’t (-4k).
Other separations: 295k, little changed.
The Job openings were higher than expectations. It was also higher vs the previous month.
Within the details, the BLS is reporting that hires, total separations, quits, layoffs and discharges and other separations were all "little changed".
Note that absent a continuing resolution before midnight tonight, it jeopardizes the release of the US jobs report on Friday at 8:30 AM ET.
