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U.S. job openings rise more than expected in December

Published 02/10/2015, 10:06 AM
Updated 02/10/2015, 10:06 AM
© Reuters. U.S. job openings rise more than forecast in December

Investing.com - The number of job openings in the U.S. rose more than expected in December, fuelling optimism over the strength of the labor market, official data showed on Tuesday.

In a report, the U.S. Labor Department said that the number of job openings, excluding the farming industry, increased to 5.028 million in December from 4.847 million in November.

Analysts had expected the number of job openings to rise to 4.990 million in December.

The report has garnered more attention lately, as Federal Reserve Chair Janet Yellen often cites the survey when assessing the state of the labor market.

EUR/USD was trading at 1.1320 from around 1.1314 ahead of the release of the data, while GBP/USD was at 1.5234 from 1.5236 earlier, while USD/JPY was at 119.39 from 119.36 earlier.

The US dollar index, which tracks the greenback against a basket of six major rivals, was at 94.79, compared to 94.82 ahead of the report.

Meanwhile, U.S. stock markets were higher after the open. The Dow 30 rose 0.3%, the S&P 500 tacked on 0.35%, while the Nasdaq 100 advanced 0.45%.

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