Labor Market Signal Dashboard
Participation, wages, hours, and unemployment with recent-trend extrapolations
Labor-force participation
Hourly earnings
Weekly hours
Unemployment rate
Participation vs pay
Weekly-hours check
Near-term direction
All four metrics rebased to January 2020
Index = 100 at the start of 2020 to put supply, pay, hours, and unemployment on a common visual scale.
Participation is flat while hourly earnings keep climbing
Dual-axis view of labor-force participation and average hourly earnings across the full history.
Unemployment rate
Actual series, 12-month rolling mean, and a dotted six-month extrapolation based on the latest 24 months.
Labor-force participation rate
The series has moved sideways recently; the dotted extension shows the current short-run slope.
Average hourly earnings
Wages continue to rise, with the short-run projection extending the latest two-year trend.
Average weekly hours
This view directly tests whether hours are quietly rolling over; in this dataset they are still moving higher.
Signal snapshot
Latest level, trailing 12-month change, and the directional move implied by a straight-line six-month extrapolation from the latest 24 months.
| Metric | Latest | Latest date | Last 12 months | Next 6 months | Direction |
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