Prior was 10.717m (revised to 10.687m)Quits rate 2.6% vs 2.7% prior Layoffs 0.9% vs 0.9% prior With the revision, this is basically bang in-line with estimates.
The Fed likes JOLTS but I think that's a blind spot. There's so much automated hiring and 'always-hiring' practices at big companies that I don't think this report offers a clear picture of the economy. But they won't find that out until JOLTS remain high and the US is losing 200k jobs a month.
In any case, the US dollar
US Dollar
The US dollar, (symbol $, code USD) is the fiat currency of the United States of America (USD) and the most widely traded currency globally. It was introduced into the US in the late 18th Century, with paper notes not being distributed until the following century. The US dollar, also informally known as the greenback, is the world’s most foremost reserve currency, due in large part to the importance of the US economy on the world stage. Once backed by gold (in the 1900’s), the USD is now a purel
The US dollar, (symbol $, code USD) is the fiat currency of the United States of America (USD) and the most widely traded currency globally. It was introduced into the US in the late 18th Century, with paper notes not being distributed until the following century. The US dollar, also informally known as the greenback, is the world’s most foremost reserve currency, due in large part to the importance of the US economy on the world stage. Once backed by gold (in the 1900’s), the USD is now a purel
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