US Jobs Openings Slowed Down in December

February 6, 2018 Share Print 0

Job openings in December ticked down slightly from the prior month, while the measure of unemployed persons per job opening held their ground at historic lows.

The Bureau of Labor Statistics fell to 5.81 million job openings in December, undershooting forecasts of 5.9 million from a survey of Reuters economists. The Bureau’s Job Openings and Labor Turnover Survey (JOLTS) reached 5.98 million openings in November.

The ratio of unemployed persons per job opening, which peaked at 6.6 during the height of the financial crisis, maintained its current level of 1.1 unemployed persons per opening.

The number of job separations also crept up to 5.24 million in December from 5.21 million in the prior month.

via CNBC

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Alfonso Esparza

Senior Currency Analyst at Market Pulse

Alfonso Esparza specializes in macro forex strategies for North American and major currency pairs. Upon joining OANDA in 2007, Alfonso Esparza established the MarketPulseFX blog and he has since written extensively about central banks and global economic and political trends. Alfonso has also worked as a professional currency
trader focused on North America and emerging markets. He has been published by The MarketWatch, Reuters, the Wall Street Journal and The Globe and Mail, and he also appears regularly as a guest commentator on networks including Bloomberg and BNN. He holds a finance degree from the Monterrey Institute of Technology and Higher Education (ITESM) and an MBA with a specialization on financial engineering and marketing from the University of Toronto.