There were 11.4 million job openings in the US at the end of April, the latest JOLTs survey released on Wednesday showed. That was a decline from March's record-high number of 11.8 million job openings, but in line with consensus forecasts. The data shows that the demand for labour remained very healthy at the start of Q2 2022, as evidenced by the fact that there is still well over one job opening per unemployed person in the US at the moment.  

Market Reaction

The robust JOLTs data, alongside a stronger than expected ISM Manufacturing PMI report, has given the buck a boost in recent trade.