U.S. Labour Market Conditions Index declines to 1.1 points in July

Market news

10 August 2015

U.S. Labour Market Conditions Index declines to 1.1 points in July

The Fed released its Labour Market Conditions Index (LMCI) on Monday. The index fell to 1.1 points in July from 1.4 points in June. June's figure was revised up from 0.8 points.

The 19 different labour market indicators are used to construct the LMCI indicator. The index should help to get a comprehensive view of the state of the U.S. labour market.

European Central Bank purchases €10.81 billion of government bonds last week

U.S.: Labor Market Conditions Index, July 1.1

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