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New data JOLTs Job Openings (Aug)

10/1/2024

actual 8.04, previous 7.711

The event is the JOLTs Job Openings report for the month of August in the United States. JOLTs stands for Job Openings and Labor Turnover Survey, which provides insights into the labor market by measuring the number of job openings.

In this report, the actual number of job openings was 8.04 million, which exceeded the market estimate of 7.655 million. This indicates a positive surprise in the job market, as there were more job openings than expected.

The previous month's job openings were 7.711 million, so there was an increase of 0.329 million job openings from the previous month. This represents a 4.267% increase in job openings from the previous month.

Overall, this report suggests a strong job market in the US for the month of August, which can have implications for economic growth, consumer spending, and monetary policy.

This is not investment advice. Remember to verify the information provided here.

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