Editor's PiCK
U.S. March Job Openings and Labor Turnover at 7.192 Million, Below Market Expectations
Son Min
Summary
- The U.S. March JOLTs fell short of both market expectations and the previous month's figures, raising questions about the health of the labor market.
- Job openings and turnovers are considered important indicators for assessing the health of the labor market.
- It was reported that Bitcoin maintained its upward trend, trading at $94,800, even after the labor market indicators were released.
The U.S. March Job Openings and Labor Turnover (JOLTs) fell short of market expectations.
According to the March JOLTs released by the U.S. Department of Labor on the 29th (local time), the number of job turnovers in the U.S. market was 7.192 million, falling short of the expected 7.49 million and the revised figure of 7.48 million from the previous month.
Job openings and turnovers are considered measures of labor market health, and typically, an increase in these numbers indicates a healthy labor market.
As of 11:02 PM, Bitcoin is trading at $94,800 on the Binance USDT market, up 0.78% from 24 hours ago.
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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