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Get the latest economic news from ForexMart, including updates on the financial market, central banks' policy announcements, financial indicators, and other relevant news which can have an impact on the industry.

Disclaimer:  Information provided here to retail and professional clients does not contain and should not be construed as containing investment advice or an investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance.

U.S. Job Openings Soared to 6.2 Million in June

August, 09 2017
watermark Economic news

There are about 6.2 million jobs available in the U.S. as companies are searching for new employees. The number of job openings rose to 417,000 for private sector while there are 44,000 postings for government vacancies including state and local government as stated by the Job Openings and Labor Turnover Survey (JOLTS) from the Labor department. Since April 2015,  the jobs data has started to rise during the recession as it moves over the years.


Although, the job vacancies varies for every industry. In particular, those job opening includes education and health-services related industry, and professional and business services which have significantly increased in openings compared before the recession.


The report implies the stagnant hiring situation despite a surge in job openings. This has been happening for years and has risen fastly while the actual hiring has been flat since 2014.  


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Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.