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US January Job Openings and Quits Reach 7.74 Million, Exceeding Market Expectations

Son Min

Summary

  • It was reported that the US January job openings and quits exceeded market expectations.
  • The report stated that job openings and quits are indicators of labor market health, with increases suggesting a healthy labor market.
  • It was reported that Bitcoin is currently showing a slight upward trend.

The number of job openings and quits (JOLTs) in the United States for January exceeded market expectations.

According to the January JOLTs report released by the US Department of Labor on the 11th (local time), the number of job quits in the US market was 7.74 million, surpassing both the expected figure (7.65 million) and the revised figure for the previous month (7.508 million).

The number of job openings and quits serves as a measure of labor market health, with an increase in these figures typically indicating that the labor market is operating in a healthy manner.

As of 11:02 PM, Bitcoin is trading at $80,479 on the Binance USDT market, up 0.65% compared to 24 hours ago.

#Macroeconomy
Son Min

Son Min

sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit

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