Analysts at Wells Fargo, explained that the number of job openings declined 0.2 million to 6.6 million in May, which is still consistent with an extremely tight labor market. They pointed out that quits rose, pointing to higher wage pressures Key Quotes: “Job openings moderated to 6.6 million in May from an upwardly-revised 6.8 million in April, a series high. Openings in transportation, warehousing & utilities amount to 5.1 percent of industry employment, up sharply from 2.7 percent in May 2017. “Separations stayed constant as a share of employment, as quits rose and layoffs declined. Quits, at 2.4 percent of employment, are at their highest rate since early 2001. Rising quits signal upward wage pressures, since workers who switch jobs typically move up the career ladder to higher-paid positions.” “Layoffs and discharges are near their cycle low and are consistent with the sustained low level of initial jobless claims.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next AUD/USD Technical Analysis: Aussie double top at 0.7485 weekly high FX Street 4 years Analysts at Wells Fargo, explained that the number of job openings declined 0.2 million to 6.6 million in May, which is still consistent with an extremely tight labor market. They pointed out that quits rose, pointing to higher wage pressures Key Quotes: "Job openings moderated to 6.6 million in May from an upwardly-revised 6.8 million in April, a series high. Openings in transportation, warehousing & utilities amount to 5.1 percent of industry employment, up sharply from 2.7 percent in May 2017. "Separations stayed constant as a share of employment, as quits rose and layoffs declined. Quits, at 2.4… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.