US: JOLTS Job Openings decline to 10.3 million in October

• US JOLTS Job Openings declined modestly in October.
• US Dollar Index stays in negative territory near 106.50.

The number of job openings declined to 10.3 million on the last business day of October from 10.7 million in September, the US Bureau of Labor Statistics (BLS) reported in its Job Openings and Labor Turnover Summary (JOLTS) on Wednesday. This print came in largely in line with the market expectation.

“Over the month the number of hires and total separations changed little at 6.0 million and 5.7 million, respectively,” the publication further read. “Within separations, quits (4.0 million) and  layoffs and discharges (1.4 million) changed little.”

Market reaction

The US Dollar Index edged slightly higher with the initial reaction to this report and was last seen losing 0.3% on the day at 106.52.