Highlights of the Job Openings and Labor Turnover Survey

  • Prior was 7079K (revised to 7031K)

  • Hirings 5710K vs 5928K prior

  • Quits 3407K vs 3519K

Disappointing reading that's a sharp contrast to sizzling non-farm payrolls reports but you can see from the chart that it's still at very high levels. What this does is give the Fed another reason to pause, which is more good news for risks assets.