Continuum Economics
  • Search
  • About Us
  • Buy
  • Invite A Friend
  • My Basket
  • Articles
  • Calendar
  • Forecasts
  • Events
  • Data
  • Newsletters
  • My Alerts
  • Community
  • Directory
  • About Us
  • Buy
  • Invite A Friend
  • My Basket
  • Articles
    • All
    • Thematic
    • Tactical
    • Asia
    • EMEA
    • Americas
    • Newsletters
    • Freemium
    • Editor's Choice
    • Most Viewed
    • Most Shared
    • Most Liked
  • Calendar
    • Interactive
      • China
      • United States
      • Eurozone
      • United Kingdom
    • Month Ahead
    • Reviews
    • Previews
  • Forecasts
    • Forecasts
    • Key Views
  • Events
    • Media
    • Conference Calls
  • Data
    • Country Insights
    • Shadow Credit Ratings
    • Full CI Data Download
  • Newsletters
  • My Alerts
  • Community
    • FX
    • Fixed Income
    • Macro Strategy
    • Credit Markets
    • Equities
    • Commodities
    • Precious Metals
    • Renewables
  • Directory
  • My Account
  • Notifications Setup
  • Account Details
  • Recent Devices
  • Distribution Lists
  • Shared Free Trials
  • Saved Articles
  • Shared Alerts
  • My Posts
Published: 2024-03-06T15:28:58.000Z

U.S. January JOLTS report shows 3 and 6-month averages positive

byDave Sloan

Senior Economist , North America
1

January’s JOLTS report shows job openings down 26k to 8.863m, marginally above expectations with the decline marginal because December was revised lower to 8.889m from 9.026m. The 3-month and 6 month averages are both positive, at 59k and 10k respectively, which suggests the labor market remains tight. The 6-month average is positive for the first time since July 2022.

Elsewhere in the report hirings fell by 100k after a 218k January increase, and separations fell by 78k after a 6k January increase, with the difference between the two series’ levels exceeding 300k for a second straight month, as did non-farm payroll growth, Most of the 78k fall in separations was due to a 64k fall in quits. That makes three straight declines in quits, which does suggests some easing in labor market tightness despite still resilient job openings.

Continue to read the article for free
Login

or

or

Topics
Data
Foreign Exchange

GENERAL

  • Home
  • About Us
  • Our Team
  • Careers

LEGAL

  • Terms and Conditions
  • Privacy Policy
  • Compliance
  • GDPR

GET IN TOUCH

  • Contact Us
Continuum Economics
The Technical Analyst Awards Winner 2021
The Technical Analyst Awards Finalist 2020
image