Historical Year Data · 2002

JOLTS Layoffs & Discharges Level in 2002

JOLTS Layoffs & Discharges Level opened 2002 at 1,907 and closed at 2,007, a +5.24% move for the year. The high of 2,102 was reached on July 1, and the low of 1,883 on March 1.

Open

1,907

2002-01

2,007

12 data points

High

2,102

Jul 1

Low

1,883

Mar 1

Full Year Change

+5.24%

2001 Change

-13.42%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Jan	1,907	1,907	1,907	1,907	+0.00%
Feb	1,978	1,978	1,978	1,978	+0.00%
Mar	1,883	1,883	1,883	1,883	+0.00%
Apr	1,956	1,956	1,956	1,956	+0.00%
May	1,967	1,967	1,967	1,967	+0.00%
Jun	2,015	2,015	2,015	2,015	+0.00%
Jul	2,102	2,102	2,102	2,102	+0.00%
Aug	1,923	1,923	1,923	1,923	+0.00%
Sep	2,022	2,022	2,022	2,022	+0.00%
Oct	1,935	1,935	1,935	1,935	+0.00%
Nov	1,944	1,944	1,944	1,944	+0.00%
Dec	2,007	2,007	2,007	2,007	+0.00%

Events During 2002

1990 Japanese Bubble Collapse

Deflation

January 1990 – 2003

The Nikkei 225 peaked at 38,957 on December 29, 1989, then fell 82% over 13 years. Japan entered its "lost decades" of deflation, zero rates, and structural stagnation that still shapes global markets today.

1998 Euro Launch & 1999 Introduction

Goldilocks

May 1998 – January 2002

Eleven European Union members locked exchange rates on January 1, 1999, creating the euro as a virtual currency. Physical notes and coins circulated from January 1, 2002. The euro became the largest monetary experiment since Bretton Woods.

2000 Dotcom Crash

Deflation

March 2000 – October 2002

The Nasdaq Composite peaked at 5,048 on March 10, 2000 and fell 78% over 31 months. Internet companies went bankrupt en masse. The crash reshaped venture capital, corporate governance, and accounting standards.

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