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Showing 11 - 18 of 18 results for "Labor Market Conditions Index"

Mother's Day

BENJAMIN ONG  |  FRIDAY, 6 NOV 2015
... in December or sometime next year. For this reason, I reiterate my new-found love for the Fed's Labor Market Conditions Index (LMCI) because it provides a simple read -- it takes 19 labour market indicators and combines them into one number. Simple! ...

NIRP before lift-off?

BENJAMIN ONG  |  FRIDAY, 9 OCT 2015
... downward revisions in the previous two months subtracting another 59,000 jobs (confirmed by the Labor Market Conditions Index drop to zero from a reading of 1.2 in August). Yes Virginia, bad news is again good news. No one now expects the Fed to raise ...

Janet vindicated

BENJAMIN ONG  |  TUESDAY, 6 OCT 2015
... workweek dipped to a less than expected 34.5 hours from 34.6 hours in August. Then again, the Fed's own Labor Market Conditions Index (LMCI) could have told us all these without us bothering with the details. The LMCI is comprised of "19 labor market ...

Lift Janet lift

BENJAMIN ONG  |  FRIDAY, 11 SEP 2015
... other half -2% inflation target - of its dual mandate. This is supported by recent readings of the Labor Market Conditions Index (LMCI) - one number that puts together 12 labour market indicators for a better read of well, labour market conditions - ...

Fed lady sings (the same old song)

BENJAMIN ONG  |  FRIDAY, 17 JUL 2015
... labour market. But we don't have to do that. The Fed has already done it for us. And its name is the Labor Market Conditions Index - as it names implies, it provides a reading of current labour market conditions. No more looking at U-6 unemployment or ...

Patience, my dear

BENJAMIN ONG  |  MONDAY, 16 MAR 2015
... followed a 423K surge in November and the unemployment rate dropping from 5.8% to 5.6% in December. The Labor Market Conditions Index (LMCI) advanced to a reading of 7.1 in December from 6.7 in the previous month. The annual headline inflation rate eased ...

LMCI's portrait of labour market conditions

BENJAMIN ONG  |  MONDAY, 9 MAR 2015
... It's getting lesser press than the payrolls report and virtually not headlined, but I think the Labor Market Conditions Index (LMCI) - which takes into account 12 labour market indicators -- developed by the Fed itself gives a better summary of... well ...

LMCI: a new indicator is born

BENJAMIN ONG  |  TUESDAY, 7 OCT 2014
... information contained in a large number of indicators". And now a new indicator is born - the Fed's Labor Market Conditions Index (LMCI) -- a composite indicator of 19 labour market indicators. Read the details here: http://www.federalreserve.gov/econresdata/notes/feds-notes/2014/assessing-the-change-in-labor-market-conditions-20140522.html ...
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