The Kansas City Fed Labor Market Conditions Indicators (LMCI) suggest the level of activity declined and momentum was little changed in February. The level of activity decreased by 0.13, from 0.30 to 0.17, but remains above its historical average. Meanwhile, the momentum indicator was little changed, increasing by 0.09, from -0.07 to 0.02.
Read the current release.
Find more information
The views expressed are those of the authors and do not necessarily reflect the positions of the Federal Reserve Bank of Kansas City or the Federal Reserve System.