Spot­light on jobs

Daily Freeman (Kingston, NY) - - BUSINESS -

The Fed­eral Re­serve re­leases its la­bor mar­ket con­di­tions in­dex for Septem­ber today.

The in­dex is de­rived from a model based on com­mon variations across sev­eral un­em­ploy­ment, hir­ing, lay­offs and other la­bor mar­ket data. The monthly in­dex has been mostly de­clin­ing this year. It fell 0.7 per­cent in Au­gust af­ter climb­ing 1.3 per­cent in July.

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