October's JOLTS data dropped a bombshell—the quits rate crashed to 1.8%. That's workers basically glued to their chairs, refusing to leave jobs. When people stop jumping ship, it screams economic anxiety. Tight labor conditions? Maybe. Or folks just scared of what's out there. Either way, this metric matters for anyone watching Fed moves and market sentiment.
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P2ENotWorking
· 12-12 18:32
The turnover rate has dropped to 1.8%. In other words, everyone is scared now; whenever there's a slight change in the economy, they tremble and panic.
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LayerZeroHero
· 12-11 10:24
The turnover rate drops to 1.8%? In plain words, everyone is scared, who dares to move?
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TokenUnlocker
· 12-09 19:04
The turnover rate has dropped this much simply because everyone is scared out of their wits; nobody dares to make a move.
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ChainWatcher
· 12-09 19:04
To put it bluntly, everyone is just scared. The turnover rate has dropped to 1.8%—who would dare make a move now?
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SolidityJester
· 12-09 19:00
Turnover rate 1.8%... To put it bluntly, everyone’s been scared, and no one dares to leave.
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FOMOrektGuy
· 12-09 18:36
The turnover rate is so low because, to put it bluntly, everyone is just pretending to be busy, afraid of losing their job.
October's JOLTS data dropped a bombshell—the quits rate crashed to 1.8%. That's workers basically glued to their chairs, refusing to leave jobs. When people stop jumping ship, it screams economic anxiety. Tight labor conditions? Maybe. Or folks just scared of what's out there. Either way, this metric matters for anyone watching Fed moves and market sentiment.