Editor's PiCK
U.S. May Job Openings and Labor Turnover: 7,391,000—Exceeding Market Expectations
Son Min
Summary
- It was reported that the U.S.'s May job openings and labor turnover figure came in at 7,391,000, exceeding market expectations.
- With the increase in job openings and labor turnover—a key indicator of labor market health—the labor market is deemed to be operating healthily.
- Bitcoin is trading at $105,740, up 1.41% compared to 24 hours ago.
In May, the United States saw job openings and labor turnover (JOLTs) surpass market expectations.
On the 29th (local time), the U.S. Department of Labor announced that the May JOLTs report showed 7,391,000 job openings and labor turnovers in the U.S. market, exceeding the consensus estimate of 7,110,000 and the previous month's revised figure of 7,200,000.
Job openings and labor turnover serve as indicators of labor market health; generally, when these numbers increase, it is interpreted as a sign of a healthy labor market.
As of 11:22 PM, based on the Binance USDT market, Bitcoin is trading at $105,740, up 1.41% from 24 hours ago.
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
![[Exclusive] KakaoBank meets with global custody heavyweight…possible stablecoin partnership](https://media.bloomingbit.io/PROD/news/a954cd68-58b5-4033-9c8b-39f2c3803242.webp?w=250)
![Trump ally Myron, a Fed governor, resigns White House post…pushing for rate cuts until Warsh arrives? [Fed Watch]](https://media.bloomingbit.io/PROD/news/75fa6df8-a2d5-495e-aa9d-0a367358164c.webp?w=250)
