(Kitco News) –
Job openings, a measure of labor demand, fell slightly to 10.46 million on the last day of November from the revised 10.51 million the previous month, the U.S. Labor Department said in its monthly Job Openings and Labor Turnover Survey, or JOLTS report, on Wednesday.
The data came in above expectations as economists were looking for a decline to 10.1 million job openings.
February gold futures last traded at $1,860.70, up $14.60 or 0.79% on the day.
The latest JOLTS report comes after private sector payrolls processor ADP reported weaker-than-expected job growth in November. ADP said that 127,000 jobs were created last month, with economists expecting to see gains of around 200,000.
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Read More:U.S. job openings decline slightly to 10.46 million in November
2023-01-04 15:21:00
