How Aptos reacted to the Job Openings and Labor Turnover Survey on 3 December 2024

The short answer

An ordinary reaction. In the 15 minutes after the figure came out, Aptos's price swung 1.56 times as much as in a normal 15 minutes that day. For a JOLTs Job Openings release, 1.77 times is usual. An hour later the price was 0.36% lower.

1.56x

Ordinary

Trading (volume ratio)
3.48x
usual for JOLTs Job Openings: 2.47x
Price at 10:00 AM
$14.000
15 minutes later
−1.64%
One hour later
−0.36%
range 2.21%, hour before 7.43%
APT/USDT, 1 hour candles around the release, 10:00 AM America/New York

The dashed orange line is the release. Chart data from Binance.

Open
13.820
Close
14.150
24h change
2.33%
24h high
14.750
24h low
13.000
24h volume
14.504M APT

The release

Released by the Bureau of Labor Statistics on 3 December 2024 at 10:00 AM EST. The Job Openings and Labor Turnover Survey rose to 7.615M for October 2024, from 7.103M in September 2024.

How Aptos moved

Aptos was at $14.000 when the figure came out. Fifteen minutes later it was 1.64% lower, and an hour later 0.36% lower. Its high-to-low range in the hour after was 2.21% of its price, against 7.43% in the hour before.

Measured by Clometrix

Aptos's volatility ratio was 1.56x, against 1.77x for a typical JOLTs Job Openings release since 2021. Its volume ratio was 3.48x, against a typical 2.47x. That is about what this release usually does. Both compare the quarter hour of the release with an ordinary quarter hour that same day, where 1.00x is no change: volatility is how far the price ranged, volume how much traded.

What made it matter

Since 2021, JOLTs Job Openings releases in the two weeks before a Fed decision have moved Aptos about as much as those at other times: a median volatility ratio of 1.76x across 19, against 2.00x across 29. This one was not within two weeks of a Fed decision. Its own ratio of 1.56x compares with 2.00x for those, so it moved the price less than its circumstances would suggest.

Its record

Across 48 JOLTs Job Openings releases since 2021, Aptos's median volatility ratio is 1.77x.

How it compares

Across 48 JOLTs Job Openings releases since 2021, Aptos's usual price swing is 1.77x. This one was 0.88 times the usual.

MutedOrdinaryStrongExceptional

Thin line: JOLTs Job Openings's usual, 1.77x. Thick line: this release, 1.56x.

Minute by minute

Each row is the time after the release, with the same length of time before it for comparison.

After High Low Close Change Range Range before Volume
1 minute 14.00 13.85 13.92 -0.57% 1.07% 0.28% 39,066 APT
5 minutes 14.00 13.81 13.85 -1.08% 1.36% 2.99% 101,958 APT
10 minutes 14.00 13.76 13.83 -1.23% 1.71% 3.63% 193,667 APT
15 minutes 14.00 13.73 13.77 -1.67% 1.93% 4.20% 310,143 APT
30 minutes 14.00 13.69 13.80 -1.45% 2.21% 7.41% 593,233 APT
1 hour 14.00 13.69 13.95 -0.36% 2.21% 7.41% 1.03M APT
2 hours 14.11 13.63 13.71 -2.12% 3.40% 11.32% 1.683M APT
4 hours 14.11 13.51 14.00 0.00% 4.25% 11.32% 2.108M APT
6 hours 14.20 13.51 14.18 1.27% 4.86% 11.32% 2.585M APT
8 hours 14.66 13.00 14.00 0.21% 11.32% 4.83% 7.717M APT
12 hours 14.75 13.51 14.15 1.06% 8.41% 11.32% 4.657M APT

Every coin at this release

Coin Price swing Usual for JOLTs Job Openings Reaction
Bitcoin 3.28x 2.24x Strong
Ethereum 1.31x 2.05x Quiet
XRP 1.76x 1.59x Ordinary
BNB 1.02x 1.78x Quiet
Solana 1.60x 1.81x Ordinary
Dogecoin 1.35x 1.77x Quiet
TRON 0.87x 1.52x Quiet
Cardano 1.07x 1.69x Quiet
Chainlink 1.25x 1.75x Quiet
Sui 1.79x 1.93x Ordinary
Bitcoin Cash 1.42x 1.84x Quiet
Hedera 1.04x 1.54x Quiet
Avalanche 1.66x 1.71x Ordinary
Litecoin 1.78x 1.90x Ordinary
Gram 1.69x 2.00x Ordinary
Shiba Inu 1.45x 1.49x Quiet
Uniswap 2.57x 1.55x Strong
Polkadot 1.56x 1.65x Ordinary
Aave 3.04x 1.80x Strong
Bittensor 1.90x 1.81x Ordinary
NEAR Protocol 1.61x 1.59x Ordinary
Aptos 1.56x 1.77x Ordinary
Internet Computer 1.05x 1.69x Quiet
POL (prev. MATIC) 2.21x 1.84x Ordinary
Filecoin 1.52x 1.51x Ordinary

What is the Job Openings and Labor Turnover Survey?

The job openings and labor turnover survey (JOLTS) is a monthly report by the Bureau of Labor Statistics (BLS) of the U.S. Department of Labor counting job vacancies and separations, including the number of workers voluntarily quitting employment. The BLS surveys more than 20,000 businesses and government offices to estimate the numbers of U.S. job vacancies, hires, and separations included in the monthly jobs report. The job separations numbers are subdivided into three categories: quits, or voluntary resignations; layoffs and discharges; and other separations, which include deaths and retirements. The number of vacancies is a widely followed indicator of labor demand, while the quits rate is partly a function of employment demand. Job hires and separations can be used to gauge labor turnover.

Every JOLTs Job Openings release for Aptos

Questions about this page

Is 1.56x a lot?

For a JOLTs Job Openings release it is ordinary: the usual is 1.77x. Each report has its own usual size, and its releases show it.

Will the next JOLTs Job Openings do the same?

Nobody can say. A forecast shows the range Aptos moved in after past JOLTs Job Openings releases, so you can plan for the likely size of the move.

More questions · Glossary

Disclaimer

The data analysis, forecasted results and projections provided herein are based on historical price action and market trends. While every effort has been made to ensure the accuracy of the information, these predictions are speculative and should not be considered a guarantee of future performance. Market conditions can change rapidly, and past performance is not indicative of future results. Trading and investing involve significant risk, and you should conduct your own research and consult with a licensed financial advisor before making any investment decisions. We do not assume any liability for any losses that may result from reliance on this information.