USA JOLTs Job Openings For September 9.553M Vs 9.250M Est.; 9.497M Prior
Portfolio Pulse from Benzinga Newsdesk
The USA JOLTs job openings for September were reported at 9.553 million, higher than the estimated 9.250 million and the prior figure of 9.497 million.
November 01, 2023 | 2:00 pm
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The higher than expected job openings could indicate a strong labor market, which may positively impact the SPY ETF.
The SPY ETF tracks the S&P 500 index, which is influenced by the overall health of the US economy. A strong labor market, indicated by higher than expected job openings, is a positive sign for the economy and could therefore lead to a rise in the SPY ETF.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 75