Historical Year Data · 2002

JOLTS Quits Level in 2002

JOLTS Quits Level opened 2002 at 2,845 and closed at 2,501, a -12.09% move for the year. The high of 2,845 was reached on January 1, and the low of 2,403 on November 1.

Open

2,845

2002-01

2,501

12 data points

High

2,845

Jan 1

Low

2,403

Nov 1

Full Year Change

-12.09%

2001 Change

-21.14%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Jan	2,845	2,845	2,845	2,845	+0.00%
Feb	2,572	2,572	2,572	2,572	+0.00%
Mar	2,493	2,493	2,493	2,493	+0.00%
Apr	2,624	2,624	2,624	2,624	+0.00%
May	2,537	2,537	2,537	2,537	+0.00%
Jun	2,522	2,522	2,522	2,522	+0.00%
Jul	2,561	2,561	2,561	2,561	+0.00%
Aug	2,561	2,561	2,561	2,561	+0.00%
Sep	2,521	2,521	2,521	2,521	+0.00%
Oct	2,423	2,423	2,423	2,423	+0.00%
Nov	2,403	2,403	2,403	2,403	+0.00%
Dec	2,501	2,501	2,501	2,501	+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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