The Federal Reserve Bank of New York today launched an interactive graphic measuring eight aspects of the labor market. The information will be updated monthly and provide timely updates to help analyze national labor market conditions. The information is mostly generated from the Current Population Survey (CPS), Current Employment Statistics (CES) and the Job Openings and Turnover Survey (JOLTS).
The categories include unemployment, employment, hours worked, labor demand, job availability, job loss rate wages and mismatch.
The mismatch section shows an index developed by Sahin, Song, Topa and Violante (2013) for industries and occupations. It provides a measure of imbalance between the characteristics of job openings and unemployed workers.
More detailed information is available in an accompanying Liberty Street Blog Post, “Beyond the Unemployment Rate: Eight Different Faces of the Labor Market.”
Media Contact:
Kevin Sajdak
(212) 720-6143
kevin.sajdak@ny.frb.org
-
-
The New York Innovation Center bridges the worlds of finance, technology, and innovation and generates insights into high-value central bank-related opportunities.
Do you have a request for information and records? Learn how to submit it.
Learn about the history of the New York Fed and central banking in the United States through articles, speeches, photos and video.
-
-
-
The Governance & Culture Reform hub is designed to foster discussion about corporate governance and the reform of culture and behavior in the financial services industry.
Need to file a report with the New York Fed? Here are all of the forms, instructions and other information related to regulatory and statistical reporting in one spot.
The New York Fed works to protect consumers as well as provides information and resources on how to avoid and report specific scams.
-
-
-
The New York Innovation Center bridges the worlds of finance, technology, and innovation and generates insights into high-value central bank-related opportunities.
The growing role of nonbank financial institutions, or NBFIs, in U.S. financial markets is a transformational trend with implications for monetary policy and financial stability.
The New York Fed offers the Central Banking Seminar and several specialized courses for central bankers and financial supervisors.
-
-
-
The Economic Inequality & Equitable Growth hub is a collection of research, analysis and convenings to help better understand economic inequality.
The Governance & Culture Reform hub is designed to foster discussion about corporate governance and the reform of culture and behavior in the financial services industry.
-
