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3:08 PM · 7 July 2021

BREAKING: US job openings below forecasts

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The number of job openings in the US rose to a new record high of 9.209 million in May 2021, from a revised 9.193 million in April and below market expectations of 9.388 million. 

  • Quits 3604K vs 3952K last month. Quit rate at 2.5% vs 2.7%
  • Separations 5318K vs 5760K last month.
  • Layoffs and discharges 1386K vs 1444K last month.

Job openings increased in a number of industries with the largest gains being recorded in other services (+109,000), state and local government education (+46,000), and educational services (+35,000). On the other hand, openings decreased in arts, entertainment, and recreation (-80,000); state and local government, excluding education (-56,000); and federal government (-17,000).

EURUSD broke below the 1.1807 support  after today's data releases and is heading towards next support level at 1.1782. Source: xStation5  

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