How NEAR Protocol reacted to the Job Openings and Labor Turnover Survey on 3 June 2025

The short answer

A strong reaction. In the 15 minutes after the figure came out, NEAR Protocol's price swung 2.95 times as much as in a normal 15 minutes that day. For a JOLTs Job Openings release, 1.59 times is usual. An hour later the price was 1.18% higher.

2.95x

Strong

Trading (volume ratio)
4.27x
usual for JOLTs Job Openings: 2.25x
Price at 10:00 AM
$2.550
15 minutes later
−0.78%
One hour later
+1.18%
range 1.96%, hour before 1.57%
NEAR/USDT, 1 minute candles around the release, 10:00 AM America/New York

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

Open
2.570
Close
2.550
24h change
-0.78%
24h high
2.590
24h low
2.480
24h volume
9.665M NEAR

Measured by Clometrix

NEAR Protocol's volatility ratio was 2.95x, against 1.59x for a typical JOLTs Job Openings release since 2021. Its volume ratio was 4.27x, against a typical 2.25x. That is a strong reaction by this release's own standard. 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.

How NEAR Protocol moved

NEAR Protocol was at $2.550 when the figure came out. Fifteen minutes later it was 0.78% lower, and an hour later 1.18% higher. Its high-to-low range in the hour after was 1.96% of its price, against 1.57% in the hour before.

The release

Released by the Bureau of Labor Statistics on 3 June 2025 at 10:00 AM EDT. The Job Openings and Labor Turnover Survey rose to 7.395M for April 2025, from 7.2M in March 2025.

What made it matter

Since 2021, JOLTs Job Openings releases in the two weeks before a Fed decision have moved NEAR Protocol about as much as those at other times: a median volatility ratio of 1.59x across 26, against 1.56x across 42. This one was not within two weeks of a Fed decision. Its own ratio of 2.95x compares with 1.56x for those, so it moved the price more than its circumstances alone would suggest.

Its record

Across 68 JOLTs Job Openings releases since 2021, NEAR Protocol's median volatility ratio is 1.59x.

How it compares

Across 68 JOLTs Job Openings releases since 2021, NEAR Protocol's usual price swing is 1.59x. This one was 1.85 times the usual.

MutedOrdinaryStrongExceptional

Thin line: JOLTs Job Openings's usual, 1.59x. Thick line: this release, 2.95x.

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 2.56 2.55 2.55 0.00% 0.39% 0.00% 142,898 NEAR
5 minutes 2.56 2.54 2.54 -0.39% 0.78% 0.39% 199,286 NEAR
10 minutes 2.56 2.53 2.53 -0.79% 1.17% 0.39% 267,081 NEAR
15 minutes 2.56 2.53 2.53 -0.79% 1.17% 0.78% 335,054 NEAR
30 minutes 2.56 2.53 2.56 0.39% 1.17% 1.56% 535,813 NEAR
1 hour 2.58 2.53 2.58 1.16% 1.94% 1.56% 862,856 NEAR
2 hours 2.59 2.53 2.57 0.78% 2.32% 2.72% 1.797M NEAR
4 hours 2.59 2.53 2.56 0.39% 2.32% 2.72% 2.842M NEAR
6 hours 2.59 2.53 2.56 0.39% 2.32% 3.50% 3.367M NEAR
8 hours 2.59 2.50 2.56 2.34% 3.47% 3.88% 4.41M NEAR
12 hours 2.59 2.49 2.55 0.00% 3.86% 3.88% 5.485M NEAR

Every coin at this release

Coin Price swing Usual for JOLTs Job Openings Reaction
Bitcoin 2.05x 2.24x Ordinary
Ethereum 1.88x 2.05x Ordinary
XRP 1.01x 1.59x Quiet
BNB 2.36x 1.78x Strong
Solana 2.38x 1.81x Strong
Dogecoin 2.33x 1.77x Strong
TRON 1.25x 1.52x Quiet
Cardano 2.82x 1.69x Strong
Chainlink 2.29x 1.75x Strong
Sui 2.02x 1.93x Ordinary
Bitcoin Cash 2.18x 1.84x Ordinary
Hedera 2.34x 1.54x Strong
Avalanche 2.30x 1.71x Strong
Litecoin 2.11x 1.90x Ordinary
Gram 1.00x 2.00x Quiet
Shiba Inu 1.84x 1.49x Ordinary
Uniswap 3.54x 1.55x Exceptional
Polkadot 1.51x 1.65x Ordinary
Aave 2.72x 1.80x Strong
Bittensor 1.58x 1.81x Ordinary
NEAR Protocol 2.95x 1.59x Strong
Aptos 2.50x 1.77x Strong
Internet Computer 1.69x 1.69x Ordinary
POL (prev. MATIC) 2.23x 1.84x Ordinary
Filecoin 2.01x 1.51x Strong

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 NEAR Protocol

Questions about this page

Is 2.95x a lot?

For a JOLTs Job Openings release it is strong: the usual is 1.59x. 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 NEAR Protocol 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.