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In July, the number of vacancies in the United States increased to 6.62 million

September, 09 2020
watermark Economic news

Job vacancies in the US increased in July, with more workers leaving retail and professional and business services jobs due to concerns about COVID-19 infection and childcare concerns, according to a report from the U.S. Department of Labor (JOLTS).


The number of vacancies, which is an indicator of labor demand, jumped from 6 million to 6.62 million on the last day of July, the highest since May.


The JOLTS report follows last Friday's news that the US economy created 1.371 million jobs in August, after increasing 1.734 million in July.

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Foreign exchange is highly speculative and complex in nature, and may not be suitable for all investors. Forex trading may result in a substantial gain or loss. Therefore, it is not advisable to invest money you cannot afford to lose. Before using the services offered by ForexMart, please acknowledge the risks associated with forex trading. Seek independent financial advice if necessary. Please note that neither past performance nor forecasts are reliable indicators of future results.