The August Job Openings and Labor Turnover Survey from the Federal Reserve:

  • US August JOLTS 4835K vs 4700K expected
  • Prior was 4673K (revised to 4605K)
  • Highest since 2001
JOLTS Job Openings rises to highest level since January 2001

JOLTS Job Openings rises to highest level since January 2001

Separately, IBD/TIPP economic optimism was steady at 45.2 in October.

The JOLTS data has saved the dollar for now but I still think this is a big part of the story with ‘job openings’

JOLTS

So you say you have job openings.