Impressive Figures From US JOLTS Job Openings and Canadian Ivey PMI

The US unemployment rate surged to nearly 20% during the lock-down, with around 40 million people out of work. Altough the JOLTS job openings kept growing, as today’s report shows. In April job opening came above 5 million, which was revised slightly lower to below 5 million today, while in May JOLTS job openings increased by nearly 5.4 million.

This is a bit contradictory when unemployment increased, but this is a positive report nonetheless. The Canadian Ivey PMI report for June was quite upbeat as well. It seems that things are going well as North America reopens. Although, some sectors are not rebounding that well, while other are beating expectations.

US Job Openings and Labor Turnover Survey From the Fed

Canada June Ivey PMI

ABOUT THE AUTHOR See More

Skerdian Meta

Lead Analyst

Skerdian Meta Lead Analyst. Skerdian is a professional Forex trader and a market analyst. He has been actively engaged in market analysis for the past 11 years. Before becoming our head analyst, Skerdian served as a trader and market analyst in Saxo Bank's local branch, Aksioner. Skerdian specialized in experimenting with developing models and hands-on trading. Skerdian has a masters degree in finance and investment.

Related Articles

Forex Signals Brief April 3: Will Nasdaq and Tech Stocks Rebound After the Gap Lower?

3 weeks ago

Save

Forex Signals Brief March 11: US Jobs Unlikely to Calm Stock Market Volatility

2 months ago

Save

Forex Signals Brief March 7: NFP Release to Add to Tariff Volatility in Markets

2 months ago

Save

Comments

0 0 votes

Article Rating

Subscribe

Login

Notify of

new follow-up commentsnew replies to my comments

Please login to comment

0 Comments

Oldest

Newest Most Voted

Inline Feedbacks

View all comments