Signals › Labor Market
Measures re-hiring difficulty — the missing half of low-fire/low-hire.
Number · observation 2026-09-19, published 2026-10-01
Last 24 observations.
Inside the normal range. Not a strong reading either way.
Labor Market: Detect the income-to-consumption feedback loop that turns a slowdown into a recession. The model averages the standardised signals in each block into a block score, then combines the twelve block scores in a probit. Today the 12-block model reads 1.6%.