Labor Market Dashboard
The full picture the Fed watches — payrolls, JOLTS openings, wage growth, LFPR, U-3 vs U-6, initial claims.
U-3 Unemployment
NaN—
U-3 Unemployment
U-6 Underemployment
NaN—
U-6 Underemployment
Nonfarm Payrolls MoM
NaNK—
Nonfarm Payrolls MoM
Avg Hourly Earnings YoY
NaN—
Avg Hourly Earnings YoY
Labor Force Participation
NaN—
Labor Force Participation
Prime-Age LFPR (25-54)
NaN—
Prime-Age LFPR (25-54)
JOLTS Openings
NaNM
JOLTS Openings
Quits Rate
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Quits Rate
Unemployment Rates & Labor Force Participation
U-3 (headline), U-6 (broad), LFPR — live FRED data
Nonfarm Payrolls MoM Change
Thousands of jobs added/lost monthly
Avg Hourly Earnings Growth YoY
Wage inflation signal — the Fed watches whether wages are running above sustainable levels
JOLTS — Job Openings, Quits & Hires Rates
Openings in millions, rates in %. Quits rate = worker confidence in finding new jobs.
Initial Jobless Claims (Weekly)
Most recent week — leading indicator of labor market stress
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claims filed