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    Updating the Labor Market Conditions Index

    Metadata Updated: December 18, 2024

    The LMCI is derived from a dynamic factor model that extracts the primary common variation from 19 labor market indicators. One essential feature of the authors' factor model is that its inference about labor market conditions places greater weight on indicators whose movements are highly correlated with each other. And, when indicators provide disparate signals, the model's assessment of overall labor market conditions reflects primarily those indicators that are in broad agreement.

    Access & Use Information

    Public: This dataset is intended for public access and use. Non-Federal: This dataset is covered by different Terms of Use than Data.gov. License: No license information was provided.

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    Dates

    Metadata Created Date December 18, 2024
    Metadata Updated Date December 18, 2024

    Metadata Source

    Harvested from federal

    Other Data Resources

    Additional Metadata

    Resource Type Dataset
    Metadata Created Date December 18, 2024
    Metadata Updated Date December 18, 2024
    Publisher Board of Governors of the Federal Reserve System
    Maintainer
    Identifier FRBC0013
    Data Last Modified 2017-07-07
    Public Access Level public
    Bureau Code 920:00
    Schema Version https://project-open-data.cio.gov/v1.1/schema
    Harvest Object Id 07b1974b-08cf-4090-ad61-e7cfd5026b03
    Harvest Source Id ca6963d5-5226-446e-869f-283e1b543a14
    Harvest Source Title federal
    Homepage URL https://www.federalreserve.gov/econresdata/notes/feds-notes/2014/updating-the-labor-market-conditions-index-20141001.html
    Program Code 920:000
    Source Datajson Identifier True
    Source Hash b1fe527ab7568efdb3e5900c9edb1f7f3506b00e3833b87221cb064a01b92e0a
    Source Schema Version 1.1

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