Track historical data of the US Labor Market Conditions Index, a key economic indicator influencing Forex markets.
Data for this source was discontinued in July 2017.
What it Measures
This metric reflects changes in a composite index derived from 19 labor market indicators.
Usual Effect
An 'Actual' result that exceeds the 'Forecast' is favorable for the currency.
Source & Frequency
Federal Reserve - https://www.federalreserve.gov/ • Released on a monthly basis, approximately six days after the end of each month.
How Data is Derived
Combined reading of 19 labor market indicators related to unemployment rate, labor force participation rate, private payroll employment, average weekly hours, average hourly earnings, hiring rate, quit rate, and jobs hard to fill
Also Known As
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Acronym
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