Just how Healthy is the Job Market?

December 7, 2015

Labor Market Conditions Index (November 2015)

– Level 0.5. Previous was 2.2 .

This is an unofficial index from the research people at the Fed.  The LMCI based on 19 labor market indicators with unemployment rate and private payrolls being the most important.

LMCI has been modest this year being under 2 since February.  This likely reflects the fact that the Unemployment Rate had dropped previous to that and is now leveling.