How POL (prev. MATIC) reacted to the Job Openings and Labor Turnover Survey on 29 April 2025

The short answer

An ordinary reaction. In the 15 minutes after the figure came out, POL (prev. MATIC)'s price swung 2.34 times as much as in a normal 15 minutes that day. For a JOLTs Job Openings release, 1.84 times is usual. An hour later the price was 0.75% higher.

2.34x

Ordinary

Trading (volume ratio)
4.85x
usual for JOLTs Job Openings: 2.44x
Price at 10:00 AM
$0.2386
15 minutes later
+0.46%
One hour later
+0.75%
range 1.59%, hour before 1.26%
POL/USDT, 30 minutes candles around the release, 10:00 AM America/New York

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

Open
0.2396
Close
0.2354
24h change
-1.78%
24h high
0.2439
24h low
0.2333
24h volume
32.387M POL

The release

Released by the Bureau of Labor Statistics on 29 April 2025 at 10:00 AM EDT. The Job Openings and Labor Turnover Survey fell to 7.2M for March 2025, from 7.48M in February 2025.

How POL (prev. MATIC) moved

POL (prev. MATIC) was at $0.2386 when the figure came out. Fifteen minutes later it was 0.46% higher, and an hour later 0.75% higher. Its high-to-low range in the hour after was 1.59% of its price, against 1.26% in the hour before.

Measured by Clometrix

POL (prev. MATIC)'s volatility ratio was 2.34x, against 1.84x for a typical JOLTs Job Openings release since 2021. Its volume ratio was 4.85x, against a typical 2.44x. 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 POL (prev. MATIC) less than those at other times: a median volatility ratio of 1.61x across 26, against 1.98x across 43. This one came out 8 days before the Federal Reserve's 7 May rate decision. Its own ratio of 2.34x compares with 1.61x for those, so it moved the price more than its circumstances alone would suggest.

Its record

Across 69 JOLTs Job Openings releases since 2021, POL (prev. MATIC)'s median volatility ratio is 1.84x.

How it compares

Across 69 JOLTs Job Openings releases since 2021, POL (prev. MATIC)'s usual price swing is 1.84x. This one was 1.27 times the usual.

MutedOrdinaryStrongExceptional

Thin line: JOLTs Job Openings's usual, 1.84x. Thick line: this release, 2.34x.

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 0.2386 0.2374 0.2379 -0.29% 0.50% 0.08% 490,226 POL
5 minutes 0.2397 0.2374 0.2397 0.46% 0.96% 0.25% 687,958 POL
10 minutes 0.2402 0.2374 0.2398 0.50% 1.17% 0.38% 934,210 POL
15 minutes 0.2402 0.2374 0.2397 0.46% 1.17% 0.59% 1.437M POL
30 minutes 0.2402 0.2374 0.2398 0.50% 1.17% 1.00% 1.796M POL
1 hour 0.2412 0.2374 0.2404 0.75% 1.58% 1.25% 2.879M POL
2 hours 0.2412 0.2374 0.2386 0.00% 1.58% 1.74% 3.868M POL
4 hours 0.2412 0.2367 0.2387 0.04% 1.87% 1.74% 6.84M POL
6 hours 0.2412 0.2367 0.2389 0.13% 1.87% 2.75% 8.704M POL
8 hours 0.2412 0.2367 0.2387 -0.46% 1.87% 2.62% 13.53M POL
12 hours 0.2412 0.2333 0.2354 -1.36% 3.28% 2.95% 14.506M POL

Every coin at this release

Coin Price swing Usual for JOLTs Job Openings Reaction
Bitcoin 2.56x 2.24x Ordinary
Ethereum 2.34x 2.05x Ordinary
XRP 2.01x 1.59x Ordinary
BNB 1.62x 1.78x Ordinary
Solana 2.35x 1.81x Ordinary
Dogecoin 1.97x 1.77x Ordinary
TRON 1.25x 1.52x Quiet
Cardano 2.09x 1.69x Ordinary
Chainlink 1.70x 1.75x Ordinary
Sui 1.69x 1.93x Ordinary
Bitcoin Cash 2.01x 1.84x Ordinary
Hedera 2.18x 1.54x Strong
Avalanche 2.01x 1.71x Ordinary
Litecoin 2.16x 1.90x Ordinary
Gram 2.92x 2.00x Strong
Shiba Inu 2.12x 1.49x Strong
Uniswap 2.00x 1.55x Ordinary
Polkadot 3.01x 1.65x Strong
Aave 1.86x 1.80x Ordinary
Bittensor 1.34x 1.81x Quiet
NEAR Protocol 1.51x 1.59x Ordinary
Aptos 2.01x 1.77x Ordinary
Internet Computer 1.70x 1.69x Ordinary
POL (prev. MATIC) 2.34x 1.84x Ordinary
Filecoin 2.98x 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 POL (prev. MATIC)

Questions about this page

Is 2.34x a lot?

For a JOLTs Job Openings release it is ordinary: the usual is 1.84x. 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 POL (prev. MATIC) moved in after past JOLTs Job Openings releases, so you can plan for the likely size of the move.

More questions ยท 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.