The Tenth District LMI Labor Force Report, which is planned to be released biannually, provides a snapshot of low- and moderate-income (LMI) labor market conditions in the Federal Reserve’s Tenth District. LMI individuals have incomes less than 80 percent of area median income, which is defined as metropolitan median income for urban residents and state median income for rural residents. The analyses provide trends in unemployment rates, employment projections for workers with training and experience typical of the LMI, wage data, and the LMI Job Availability Index from the Kansas City Fed’s LMI Survey. In many cases the data and analyses are specific to LMI populations, while in other cases general labor market information is presented that is likely to be highly relevant to LMI populations. The goal of the Tenth District LMI Labor Force Report is to provide community development and social service organizations, policymakers, and others a gauge of District LMI labor market conditions. A variety of data and statistics will be provided from issue to issue.

Tenth District LMI Labor Force Report

By Kelly D. Edmiston and Mwai Malindi
February 27, 2015
The Job Availability Index for the Tenth District has improved substantially since early 2009, when the LMI Survey was launched (Chart 1). Beginning in 2012, most indexes climbed above neutral. Most recently (fourth quarter, 2013), the index reflecting current job availability compared to one year ago was 109.9, solidly in positive territory. In the third quarter, the index was significantly higher at 122.7, but again, a decline in the index does not imply a decline in job availability.