HPW Labor Market Tightness Index: December 2025

Fri, Feb 6, 2026 · 9:00 AM ET Next release · Nov 4, 9:00 AM ET

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.