Here come JOLTS ...

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The Job Openings and Labor Turnover Survey (JOLTS) for November will be released at 10 a.m. ET.

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Economists forecast that job openings totaled 5.5 million, little changed from the 5.534 million reported for October, according to Bloomberg.

While the monthly jobs report provides a breakdown of employment, the JOLTS report into how many opportunities are available as well as the pace of layoffs and resignations.

In October, the quits rate was unchanged for a fifth straight month at 2.1%, staying near the highest level since the recession. A higher quits rate suggests that people have more options in the labor market or are confident in finding new jobs after they resign, and is one of the labor-market indicators that Federal Reserve Chair Janet Yellen has favored.

The December jobs report released on Friday showed that US wages rose at the fastest pace since mid-2009 as the economy added 175,000 nonfarm payrolls, fewer than expected.

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