Editor's PiCK

US February Job Openings and Labor Turnover 7.568 Million ...Below Market Expectations

Son Min

Summary

  • It was reported that the US February job openings and turnovers fell short of expectations.
  • The indicator of labor market health highlighted the importance of turnover numbers.
  • It was reported that the Bitcoin price slightly increased.

The United States' February Job Openings and Labor Turnover (JOLTs) fell short of market expectations.

On the 1st (local time), the U.S. Department of Labor announced that February JOLTs showed the number of job turnovers in the U.S. market was 7.568 million, falling short of the expected 7.69 million and the previous month's revised figure of 7.762 million.

Job openings and turnovers are indicators of labor market health, and generally, an increase in job openings and turnovers is considered a sign of a healthy labor market.

As of 11:02 PM, Bitcoin is trading at $83,344 on the Binance USDT market, up 0.64% from 24 hours ago.

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Son Min

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