The July JOLTs job openings figure rose to 5.75 million, beating expectations for 5.3 million. This is closely eyed by the Federal Reserve. While the quits haven’t really changed (2.7 million and 1.9% rate), the percentage of job openings has increased substantially from 3.6% to 3.9%. These are positive signs for the economy and also for the central bank.
Are the chances for a hike slightly higher?
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