New data JOLTs Job Quits (Aug)
10/1/2024
actual 3.084, previous 3.243
The JOLTs Job Quits report for August is a monthly economic indicator released by the United States. It measures the number of workers who voluntarily left their jobs during the specified month.In this particular release, the actual number of job quits was 3.084 million, which was lower than the previous month's figure of 3.243 million. This represents a decrease of 0.159 million job quits. The actual number also fell short of the market consensus estimate of 3.27 million.
The impact of this event on the market is considered low. A lower number of job quits can sometimes indicate that workers are less confident in finding new job opportunities, which could have implications for the overall labor market and economy.
This is not investment advice. Remember to verify the information provided here.
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