The JQI Curve

Current Level is 83.13
Change From Last Month +2.0%

June 2020 JQI Curve

Based on JQI data report as of July 2, 2020

Breakdown

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]

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

Media Mentions

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.

June 2020

May 2020

April 2020

March 2020

February 2020

January 2020

December 2019

November 2019 

 

JQ-Instant

The JQ-Instant™ Explained

JQ-Instant June 2020

 

JQI White Paper

JQI_Whitepaper.jpg

Click to View or Download

JQI Launch Event

Contributors