USA HPW Labor Market Tightness Index

Data Employment
Source
New York Fed
Source Link
https://www.newyorkfed.org/
Frequency
Monthly
Next Release(s)
March 16th, 2026 9:00 AM

Latest Updates

  • The HPW Index fell slightly in December to -0.07 from -0.00 as both the quits rate and vacancies per effective searcher ticked down.

    • This index value of basically zero continues to reflect labor market conditions that are nearly in balance after a steady deterioration over the past years.