Phyrex
Phyrex|Sep 30, 2025 15:04
Today's JOLTs job openings data came in relatively solid, with a reported figure of 7.227 million, higher than the expected 7.185 million and slightly above the previous 7.208 million. This indicates that demand for jobs in the labor market remains elevated. On the bright side, companies are still willing to hire, and the economic fundamentals can temporarily hold steady. However, at the same time, the rise in unemployment suggests that the mismatch between job openings and job seekers has yet to be resolved, and the new openings are not enough to fully absorb the unemployed. Overall, from various interpretations, today's job openings data can be considered pretty decent. Sponsored by Bitget | @Bitget_zh
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