**SURVEYS** → Federal Reserve Surveys and Indicators → FRB Chicago → Labor Market Indicators

The Labor Market Indicators data set introduced in September 2025 by the Federal Reserve Bank of Chicago were added to the **SURVEYS** and **USECON** databases. These data, updated twice monthly, are designed to provide a more frequent and predictive look at national employment trends. Forecast data include a layoffs and other separations rate, the hiring rate for unemployed workers, and the unemployment rate.

Chart: These December data were released prior to December BLS Employment Situation. At the time, the relative odds of a decrease in the unemployment rate, as predicted by this model, was 47% - with a 28% chance of no change – and 25% odds of an increase. Of the decreases, there was a 26.3% chance of a 0.1% decrease. The official unemployment rate released on January 9th decreased from 4.5% to 4.4%.

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**EMERGEPR** → **China** → Other Statistics → Business Bankruptcy and Liquidation Cases

Bankruptcy and compulsory liquidation statistics for China were added to the **EMERGEPR** database. Concepts include cases accepted, cases closed, and cases pending for bankruptcies, compulsory liquidations, applications, appeals, and cases under supervision. These annual data are sourced from the Supreme People’s Court and start in 2017.

Chart: Bankruptcies are increasing in China, where a protracted economic slowdown, a property slump, and elevated corporate debt levels have triggered high-profile collapses, including developer China Evergrande Group and shadow bank Zhongzhi. Chinese courts handled 31,288 bankruptcy cases in 2024, up from 7,306 in 2019, which is a 328% increase over five years.

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**UK** → International Trade & Balance of Payments → Trade Value → Trade by Country (including Nonmonetary Gold)

Foreign trade in nonmonetary gold (NMG) statistics for the UK were added to the **UK** database. Series include both exports and imports of NMG and also excluding NMG. Detail for over forty countries is available. These monthly data are sourced from HM Revenue and Customs and start in January 2018.

Chart: Movements in NMG, an important component of precious metals, can be large and highly volatile, distorting underlying trends in goods exports and imports. Excluding NMG often shows a higher proportion of trade occurring with the EU compared to when NMG is included, highlighting its importance. For example, in July 2025 Exports to the EU accounted for 44% of the total value of exports, or 50% when excluding NMG. Imports from the EU accounted for 46% of the total value of imports, or 55% when excluding NMG.

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Featured Data Additions, January 14, 2026

**BENELUX** → **Netherlands** → Financial → Money, Banking and Credit → Modified Duration of Pension Funds

Modified duration of pension funds statistics for the Netherlands was added to the **BENELUX** database. Modified duration represents the average time until liabilities are paid, expressed in years, showing how sensitive the fund's total liability value is to a 1% change in interest rates. Detail is available for company pension funds, industry-wide, and other pension funds. These quarterly data are sourced from the Netherlands Central Bank and starts in Q1 2007.

Chart: The modified duration of Dutch pension funds is expected to decrease significantly as they transition from a Defined Benefit to a Defined Contribution system. This shift will cause them to reduce their demand for long-dated bonds. The first major installment is expected on January 1st, when approximately 550 billion euros in assets will be transferred. As a result, yields on 30-year Dutch and German government bond yields have risen to levels not seen since 2011.

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**NORDIC** → **Norway** → Employment, Earnings and Labor Cost → Job Vacancies & Job Vacancy Rates by Major Industry

Job vacancies and job vacancy rates by industry for Norway were added to the **NORDIC** database. Seasonally adjusted and trend series are available for twenty major industry divisions. These quarterly data are sourced from Statistics Norway and begin in Q1 2010.

Chart: Norway's job vacancy rates have shown an upward trend since 2020, peaking around 2023, but stabilizing in late 2024 into 2025. Despite leveling off, Norway maintains a tight labor market with persistent shortages in key service and professional areas, indicating ongoing demand for both general and specialized skills. The human health and residential care sectors in particular show persistently high numbers of job vacancies, with a continuous need for doctors, nurses, and personal care workers due to an aging population.

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**EMERGELA** → **Paraguay** → National Accounts (GDP) → Economic Activity Volume Index (IMAEP)

A new table structure was released for Paraguay’s economic activity volume index in the **EMERGELA** database. Updated sectors now include primary, secondary, manufacturing, and services. Seasonally adjusted, unadjusted, and trend cycle series are available for each. These monthly data are sourced from the Central Bank of Paraguay and start in January 2014 with extended history back to 1994 for the headline series.

Chart: Paraguay's economic activity registered an increase of 5.7% from October 2024 to October 2025 and continued to register solid growth that is being positively influenced by all sectors. The primary sector led the expansion with an 8.2% year-on-year increase, driven by large harvests of corn, wheat, rice, and cotton, along with a recovery in livestock and mining. The secondary sector grew by 7.3% year-on-year, boosted by energy generation & distribution and manufacturing.

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**TRANSPRT** → Road and Rail Statistics Including Traffic and Toll → **Spain** → Intercity Traffic Fatalities

Fatal accident and fatality statistics on interurban roads for Spain were added to the **TRANSPRT** database. Monthly counts and year-to-date series are available for each. These monthly data are sourced from Direccion General de Trafico (DGT) and start in January 2024.

Chart: In 2024, there were 1,042 people killed on Spanish interurban roads, representing a substantial majority of all road deaths in the country. YTD figures for 2025 are currently similar to 2024. The number of interurban road fatalities has decreased significantly over the long term, though figures have shown some fluctuation and a slight upward trend in recent years. That said, fatalities are nowhere near the highs of the late 80’s and early 90’s, which approached 6,000 deaths per year.

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Featured Data Additions, January 7, 2026

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