USA JOLTs Job Openings For June 8.184M Vs 8.020M Est.; 8.230M Prior
Portfolio Pulse from Benzinga Newsdesk
The USA JOLTs Job Openings for June came in at 8.184 million, higher than the estimated 8.020 million but slightly lower than the prior 8.230 million.
July 30, 2024 | 2:00 pm
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The USA JOLTs Job Openings for June came in higher than expected at 8.184 million, which could indicate a strong job market. This may positively impact the SPY ETF in the short term as it reflects overall economic health.
Higher-than-expected job openings suggest a robust job market, which is generally positive for the overall economy. This could lead to a short-term increase in the SPY ETF as it tracks the S&P 500, which benefits from economic strength.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80