Labor Market Conditions Index in the United States decreased to 1.50 Index Points in June from 3.30 Index Points in May of 2017. Labor Market Conditions Index in the United States averaged 0.42 Index Points from 1976 until 2017, reaching an all time high of 32 Index Points in September of 1983 and a record low of -48.40 Index Points in April of 1980.

United States Change In Labor Market Conditions Index
width
height
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.


United States Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.70 3.70 10.80 2.50 percent [+]
Non Farm Payrolls 250.00 118.00 1115.00 -834.00 Thousand [+]
Nonfarm Payrolls Private 246.00 121.00 1089.00 -821.00 Thousand [+]
Government Payrolls 4.00 -3.00 427.00 -260.00 Thousand [+]
Manufacturing Payrolls 32.00 18.00 572.00 -519.00 Thousand [+]
Initial Jobless Claims 216.00 214.00 695.00 162.00 Thousand [+]
Continuing Jobless Claims 1676.00 1630.00 6635.00 988.00 Thousand [+]
ADP Employment Change 227.00 218.00 384.00 -836.00 Thousand [+]
Employed Persons 156562.00 155962.00 156562.00 57635.00 Thousand [+]
Unemployed Persons 6075.00 5964.00 15352.00 1596.00 Thousand [+]
Average Hourly Earnings 0.20 0.30 0.60 -0.20 percent [+]
Average Weekly Hours 34.50 34.50 34.60 33.70 Hours [+]
Labor Force Participation Rate 62.90 62.70 67.30 58.10 percent [+]
Long Term Unemployment Rate 0.84 0.85 2.80 0.74 percent [+]
Youth Unemployment Rate 8.30 8.50 19.50 7.80 percent [+]
Labour Costs 109.66 109.33 109.66 17.00 Index Points [+]
Productivity 105.67 105.10 105.67 26.03 Index Points [+]
Job Vacancies 7070.00 7291.00 7313.00 2132.00 Thousand [+]
Job Offers 7009.00 7293.00 7293.00 2196.00 Thousand [+]
Challenger Job Cuts 75644.00 55285.00 248475.00 15100.00 Persons [+]
Wages 22.89 22.82 22.89 2.50 USD/Hour [+]
Wage Growth 4.60 4.79 13.78 -5.88 percent [+]
Wages in Manufacturing 21.68 21.62 21.68 1.27 USD/Hour [+]
Minimum Wages 7.25 7.25 7.25 0.25 USD/Hour [+]
Employment Cost Index 0.80 0.60 1.60 0.20 percent [+]
Population 325.72 323.41 325.72 76.09 Million [+]
Retirement Age Women 66.00 66.00 66.00 66.00 [+]
Retirement Age Men 66.00 66.00 66.00 66.00 [+]
Employment Rate 60.60 60.40 64.70 55.00 percent [+]
Full Time Employment 129212.00 128894.00 129212.00 64640.00 Thousand [+]
Part Time Employment 27297.00 27055.00 28134.00 10086.00 Thousand [+]
Living Wage Family 2380.00 2270.00 2380.00 2160.00 USD/Month [+]
Living Wage Individual 1660.00 1560.00 1660.00 1450.00 USD/Month [+]
Wages High Skilled 4520.00 4330.00 4950.00 4330.00 USD/Month [+]
Wages Low Skilled 1960.00 1760.00 2340.00 1760.00 USD/Month [+]


United States Change In Labor Market Conditions Index

The Federal Reserve Labor Market Conditions Index measures the strength of US job market. The index is derived from 19 labor market indicators, with unemployment rate and private payrolls being the most important. It also includes: the labor-force participation rate, data on wages, hiring and dismissals. A reading above 0.0 indicates improving labor market activity, below indicates deteriorating activity. As of August 3, 2017, updates of the labor market conditions index have been discontinued as the Fed considers it no longer provides a good summary of changes in US labor market conditions. Specifically, model estimates turned out to be more sensitive to the detrending procedure than expected, the measurement of some indicators in recent years has changed in ways that significantly degraded their signal content, and including average hourly earnings as an indicator did not provide a meaningful link between labor market conditions and wage growth. This page provides the latest reported value for - United States Labor Market Conditions Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United States Change In Labor Market Conditions Index - actual data, historical chart and calendar of releases - was last updated on November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
1.50 3.30 32.00 -48.40 1976 - 2017 Index Points Monthly
SA




Country Last


Related

Latest