Monday, April 4, 2016
Labor Market Conditions Index Slips
Employment has been strong, especially the participation rate, but isn't
being reflected in the Federal Reserve's labor market conditions index
which came in at minus 2.1 in March vs a downwardly revised 2.5 percent
decline in February. The index, experimental in nature, is a broad
composite of 19 separate indicators and is rarely cited by policy
makers.
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