§October 2026 JOLTS quits-rate forecast
Target is BLS JOLTS series JTS000000000000000QUR, the seasonally adjusted total nonfarm quits rate in percent, for October 2026. The unit is exactly percent and matches the registered ledger targetUnit byte-for-byte. The resolution variant is the first official BLS print for period M10 2026, not a revised value.
fetch_source call-0001 to BLS public API for JTS000000000000000QUR↳ Captured BLS API values included August 2026 = 1.9, July 2026 = 1.9, June 2026 = 2.0, May 2026 = 2.0, April 2026 = 1.9, March 2026 = 2.0, February 2026 = 1.9, January 2026 = 2.0, December 2025 = 2.0, November 2025 = 2.0, October 2025 = 1.9, September 2025 = 1.9.BLS release calendar lookup for JOLTS schedule; evidence capture of the BLS page failed with HTTP 403 in call-0002, so this date evidence was not captured by thesis_tool_evidence↳ The official BLS JOLTS schedule listed October 2026 for release on Dec. 01, 2026 at 10:00 AM; the registered ledger target also fixes expectedReleaseWindow start = 2026-12-01 and end = 2026-12-01.extract_json call-0005 and call-0006 from captured BLS API response↳ call-0005 extracted latest August 2026 value = 1.9 and call-0006 extracted July 2026 value = 1.9.calculate call-0007 on a recent 24-value monthly window ending August 2026 from the BLS API series↳ The reference class mean of the 24 fetched monthly values was 2.0375 percent.calculate call-0008 and call-0009 on the same 24 monthly BLS API values↳ The sample standard deviation of successive monthly changes was sigma = 0.09493080483968255, and 1.28*sigma = 0.12151143019479367.Base rate/reference class: the official BLS series has been tightly centered around 1.9-2.1 percent in the recent 24-value window ending August 2026, with August 2026 at 1.9 and no near-term evidence in the captured official history for a break away from that range.
Prior/update/interval: persistence prior uses the latest official BLS print, August 2026 = 1.9, with the recent 24-month reference class mean 2.0375 as context; level effect is low because the last two prints were both 1.9, momentum effect is flat, one-off effects are not identified from the official series, and policy-mechanism effects are indirect rather than mechanical for quits. Interval method starts with realized successive-change dispersion from the fetched level/rate series: sigma = 0.09493080483968255 for one-month changes. Because October 2026 is two monthly steps after the latest August 2026 print, I scale by sqrt(2): two-month sigma = 0.09493080483968255*1.41421356237 = 0.134252431241844, so the 80% half-width is about 1.28*sigma = 0.17184311198956. Applying that to a 1.90 point gives implied bounds of about 1.73 to 2.07 percent.
Counter-considerations: upside risk is a rebound in worker confidence or labor demand that lifts quits back to 2.1 percent or higher, which would land above the interval. Downside risk is a faster cooling in hiring and voluntary separations that pushes the first print to 1.7 percent or lower, which would land outside the interval below.
Review disposition: accepted the horizon-consistency critique by scaling the one-month sigma to a two-month forecast horizon; accepted the resolver critique by explicitly tying Dec. 01, 2026 to the registered ledger window while preserving the uncaptured BLS schedule note; accepted the clarification that the volatility sample is a recent 24-value window ending August 2026 and that the unit is exactly percent.