Investing.com - The number of job openings in the U.S. unexpectedly rose in January, but remained in territory consistent with an improving labor market as employers actively seek workers, official data showed on Thursday.
In the release of the monthly Job Openings and Labor Turnover Survey (JOLTS), the U.S. Labor Department said that the number of job openings, excluding the farming industry, increased to 5.626 million in January from 5.539 million a month earlier, which was revised from the original reading of 5.501 million.
Analysts had expected the number of job openings to drop to 5.450 million.
The report has garnered more attention despite the lag on the data, as Federal Reserve chair Janet Yellen cited the survey when assessing the state of the labor market.
Following the report, EUR/USD was trading at 1.0729 from around 1.0724 ahead of the release of the data, GBP/USD exchanged hands at 1.2347 compared to 1.2345 previously, while USD/JPY was at 113.35 from 113.40 earlier.
The US dollar index, which tracks the greenback against a basket of six major rivals, was at 100.28, compared to 100.36 ahead of the report.
Meanwhile, U.S. stock markets traded higher. The Dow 30 gained 0.20%, the S&P 500 edged forward 0.09%, while the Nasdaq Composite rose 0.10%.
Elsewhere, in the commodities market, gold futures traded at $1,228.55 a troy ounce, compared to $1,227.15 ahead of the data, while crude oil traded at $48.74 a barrel from $48.77 earlier.