Signals › Labor Market
Cleanest demographic-adjusted utilization measure.
Percent · observation 2026-09-01, published 2026-10-02
Last 24 observations.
Reassuring. It holds the probability down.
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%.