Skip to main content

The FRED® Blog

The KC Fed’s labor market index in FRED


FRED has just added two labor market indicators from the Kansas City Fed. They’re computed from a collection of 24 times series related to the labor market. Two principal components, which are extracted from this data set using factor analysis, are displayed in the graph above: They describe about 80% of what is happening in the labor market. When both components are above zero, the labor market is looking good. When both are below, there is definite cause for concern.

How this graph was created: Search for the Kansas City Fed (through source or release), select the two series, and add them to a graph.

Suggested by Christian Zimmermann

View on FRED, series used in this post: FRBKCLMCILA, FRBKCLMCIM


Subscribe to the FRED newsletter


Follow us

Twitter logo Google Plus logo Facebook logo YouTube logo LinkedIn logo
Back to Top