Core Insights - The JOLTS report indicates a decrease in job vacancies to 7.18 million in July, down from a revised 7.43 million in June, which was below market expectations of 7.4 million [1][3][4] - The total number of hires and separations remained unchanged at 5.3 million, with resignations at 3.2 million and layoffs at 1.8 million [1] - Job vacancies in healthcare and social assistance decreased by 181,000, while arts, entertainment, and recreation saw a reduction of 62,000 [1] Market Reaction - Following the JOLTS report, the USD faced selling pressure, with the dollar index dropping 0.2% to 98.10 [1] - The market is closely monitoring JOLTS data ahead of the upcoming non-farm payroll report, as labor market conditions are crucial for Federal Reserve interest rate decisions [3][4] Labor Market Trends - Job vacancies have been steadily declining since peaking at 12 million in March 2022, indicating a cooling labor market [3][4] - The Federal Reserve is expected to lower interest rates by 25 basis points in September, with a 92% probability according to CME FedWatch Tool, influenced by the weak labor market report [4]
DLS MARKETS：7月JOLTS职位空缺降至718万，美元会否进一步承压？
Sou Hu Cai Jing·2025-09-04 10:54