JOLTS, the job openings and labor turnover survey, used to be a very forgettable report.  On a scale of potential market movers, we've always assigned it the lowest possible rank.  But that changed over the past year and a half.  As the Fed and the market searched for signs that an ultra tight labor market might be loosening, job openings have emerged as a highly tradeable metric despite the fact that they run a full month behind nonfarm payrolls.  Today's count came in at the lowest levels since mid-2021, when job openings were still in the process of surging to all-time highs.  Outright levels are still quite high, but definitely moving in the right direction as far as interest rates are concerned.