Labor Market Distributions Spider Chart
The Labor Market Distributions Spider Chart is designed to allow monitoring of broad labor market developments by comparing current conditions to those in up to two earlier time periods that the user selects. Distributions of the labor market variables are constructed over a time period that the user also selects, with the inner and outer rings representing the minimum and maximum values of each of the variables.
The three dashed gray rings in the chart represent the 25th, 50th, and 75th percentiles of the distributions, respectively. Indicators of labor market status are broken up into five groups: Employer Behavior, Confidence/Perceptions, Utilization, Wages, and Flows.
Data in the chart are updated twice monthly: once for the monthly Bureau of Labor Statistics employment report, and again for the Job Openings and Labor Turnover Survey (JOLTS) update.
Use the menus below to change the range of data and individual data series you'd like to view. To save this chart as an image or PDF document, select an option from the "Export" menu. See our modifications to the spider chart, noted in red in the first passage under the Indicators tab, in response to the impact of COVID-19 on the labor market.
Frequently Asked Questions
1. Why does the Federal Reserve care about employment?