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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- Athens Banner-Herald: What Others Say: Why aren’t wages rising more quickly?
- Yahoo Finance: U.S. Private Sector Job Quality Index Revised Higher to Level of 80.53, up Slightly by 0.14% from Previous Month
- World News Group: An economic boom for some
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- Towanda Daily Review: America’s workers need better jobs
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- Colorado Springs Gazette: GUEST COLUMN: America's workers need better jobs
- Harrisburg Patriot News: Too many American workers are barely surviving on low-paying jobs | Opinion
- Forbes: In A Big Surprise, U.S. Job Growth Surged By 266,000 In November
- Hellenic Shipping News:Understanding The U.S. Economy: Lots Of Rotten Jobs
- Yahoo Finance:U.S. Private Sector Job Quality Index (JQI)® November 2019
- Politico: It's Jobs Day
- Forbes: U.S. Economy Sputters Into Holiday Season
- CNBC: Seeing a shift toward low-value-added service sector jobs: Expert
- VOA: Trump Banks on Economy for 2020 Victory
- Huntington Herald Dispatch: Trade, currency issues hurting workers
- Weber Sentinel News: America’s Workers Need Better Jobs
- Rockford Register Star: America’s workers need better jobs
- Freeport Journal Standard: America’s workers need better jobs
- The Oakland Press: America’s workers need better jobs
- Greeley Tribune: America’s workers need better jobs
- Alma Morning Sun: America’s workers need better jobs
- Macomb Daily: America’s workers need better jobs
- Royal Oak Tribune: America’s workers need better jobs
- Colorado Springs Independent: This holiday season, remember the low-wage worker
- The Real News Network: Great Employment Numbers: 44% of Fully Employed Make $18,000 a Year or Less
- World Socialist Web Site: November US jobs report in perspective: Most jobs “added” to US economy are low wage
- ETF Trends: Could Job Quality Be Suffering Despite A Positive Jobs Report?
- WRLN: Let's Hope NAFTA 2.0 Is A Hemispheric Shot In The Arm – Not Another Poke In The Ribs
- NY Times: How the Fed Lost Its Faith in ‘Full Employment’
- York Dispatch: EDITORIAL: Lots of jobs, but lousy ones
- FX Street: Dollar Bugs Get Sent To The Woodshed
- Bloomberg: The Jobs Market Isn't as Healthy as It Seems
- The Columbus Republic:America’s workers need better jobs
- Citizen Truth: Almost Half Of All Americans Work Low Wage Jobs as Praise Heaped on ‘Strong Economy’
- World Economic Forum: Long job hunts, poor pay and hectic hours – why is job quality in the U.S. so low?
- Korn Ferry Institute: So Many Low-Quality Jobs
- Yahoo Finance: The Jobs Market Isn't as Healthy as It Seems
- Arizona Capitol Times: America’s Workers Need Better Jobs
- Don Fenley: Tri-Cities labor market posts another solid growth month, adds 600 jobs
- Capital & Main: 2020’s Biggest Story? The (Real) Economy, Stupid
- Quartz: The great American labor paradox: Plentiful jobs, most of them bad
- Financial Times: An economic boom the likes of which we have never seen before
- Bloomberg: Surveillance: Value In International Stocks, Santos Says
- WSJ: Newsletter: The U.S. Is Producing Lots of Jobs. Are They Good Jobs?
- Bloomberg: Quality Work Is Trailing Quantity in the U.S. Job Market, New Index Shows
- Yahoo Finance: Quality Work Is Trailing Quantity in the U.S. Job Market, New Index Shows
- Transport Topics: Quality Trails Quantity in US Job Market, Index Shows
- Politico: Wolf and Cooch
- Nevada Current: ‘Job quality index’ may help explain why Nevada grows poorer as it grows
- Handelsblatt: America's job market creates many jobs, but not very good ones
- The Hill: America's workers continue to struggle despite 'strong' jobs reports
- CBS News: American jobs are getting worse, new economic index shows
- Forbes: The Frightening Rise In Low-Quality, Low-Paying Jobs: Is This Really A Strong Job Market?
- Gold Seek: Muddling for Solutions
- Tribune Democrat: Michael Stumo | America’s workers need better jobs
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 80.53
Change From Last Month is 0.14%
Data As of December 1, 2019
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]