About the JQI
The U.S. Private Sector Job Quality Index (JQI) assesses job quality in the United States by measuring desirable higher-wage/higher-hour jobs versus lower-wage/lower-hour jobs. The JQI results also may serve as a proxy for the overall health of the U.S. jobs market, since the index enables month-by-month tracking of the direction and degree of change in high-to-low job composition.
By tracking this information, policymakers and financial market participants can be more fully informed of past developments, current trends, and likely future developments in the absence of policy intervention. Economists and international organizations have in recent years developed other, complementary conceptions of job quality such as those addressing the emotional satisfaction employees derive from their jobs.
For the purposes of this JQI, “job quality” means the weekly dollar-income a job generates for an employee. Payment, after all, is a primary reason why people work: the income generated by a job being necessary to maintain a standard of living, to provide for the essentials of life and, hopefully, to save for retirement, among other things.
JQI Explainer Video
The U.S. Private Sector Job Quality Index
Explanatory Slide Deck
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Monthly JQI Releases
The JQI is updated and released each month, with data tables and commentary, by noon on the same day as the monthly U.S. Employment Situation Report by the U.S. Bureau of Labor Statistics.
JQI White Paper
JQI Launch Event
The JQI is a development of a consortium of the following institutions:
The JQI Curve
Current Level is 82.68
Change From Last Month is 0.76%
Data As of January 1, 2020
Preliminary Breakdown of Change in Non-farm Private Sector Jobs in [Month] [Year]:
High Wage/High Hour Total __,000 (__%)
Low Wage/Low Hour Total __,000 (__%)
Total __,000 (__%)
Last Twelve Months of Change In Low and High Quality Jobs
[Insert bar graph]