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Economy in Brief

U.S. Labor Market Conditions Index Deteriorates M/M
by Tom Moeller  March 9, 2015

The Labor Market Conditions Index from the Federal Reserve Board includes 19 indicators of labor market activity, covering the broad categories of unemployment and underemployment, employment, workweeks, wages, vacancies, hiring, layoffs, quits and surveys of consumers and businesses. Because the trends in the index are slow-moving, Haver presents only the changes in the index. All are measured monthly and have been seasonally adjusted.

During February, the change in the index deteriorated to 4.0 from 4.8 in January. That left growth near the middle of the range during the last several years.

The data are available in Haver's SURVEYS database.

Labor Market Conditions Index Feb Jan Dec Feb'14 2014 2013 2012
Monthly Index Change 4.0 4.8 7.1 3.1 5.2 4.0 3.7
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