- JOLTS report will be watched closely by Fed officials ahead of August jobs data.
- Job openings are forecast to decline to 9.46 million on the last business day of July.
- US labor market conditions remain out of balance despite Fed rate hikes.
The Job Openings and Labor Turnover Survey (JOLTS) will be released on Tuesday, August 29, by the US Bureau of Labor Statistics (BLS). The publication will provide data about the change in the number of job openings in July, alongside the number of layoffs and quits.
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