Our turnover rate has dropped to zero eventhough we have an unemployment rate of 3% in our community

this sentence is very confusing for me, how r the two parts of this sentence related to each other in meaning?

Our turnover rate has dropped to zero eventhough we have an unemployment rate of 3% in our community?auto financing

When unemployment rates are low (like 3%), then people have more of an incentive to change jobs. There are typically more unfilled jobs available, and the employers with the unfilled jobs tend to pay more for good people to fill the unfilled jobs. Employees with good skills are in demand for high-paying, attractive jobs, and they tend to move to meet the demand.

The opposite is true for times when unemployment rates are high (such as 7% or higher). There are few unfilled jobs available. For those that are available, there are lots of unemployed people available for the positions, and they are willing to accept lower wages to get the jobs. Employed people, even very good ones, tend to stay where they are and forego trying to fill the available jobs.

The point of the confusing sentence is that the company has been able to not lose employees to other positions and then have to rehire someone new to replace the person that quit. This lack of turnover is a good thing for a company since it costs money to refill a vacant position caused by someone quitting. There is the actual cost of the hiring process, and there is the cost of low performance of the new person as it usually takes some time before people geet trained in a new position.

The company must be attractive to employees due to this lack of turnover. The attraction could be any number of things such as relatively high wages, relatively good benefits, good working conditions, or other similar factors.

Our turnover rate has dropped to zero eventhough we have an unemployment rate of 3% in our community?

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A 3% unemployment rate is relatively low and not that bad compared to the national average right now of 4.5% (something around there). So turnover rates (how fast people are leaving jobs and coming into new ones) is going to be stable. With a more unstable economy and more competition for jobs, the turnover rates would be higher.