The November JQI fell substantially, decreasing by about 0.5%. One of the major reasons behind this decline is falling wages for Electrical equipment manufacturing and Support activities for air transportation.
The U.S. Private Sector Job Quality Index (JQI) is now 83.59, essentially flat with only a 0.01% increase compared to last month. Meanwhile, the overall October 2024 Jobs Report from the government’s Bureau of Labor Statistics showed only 12,000 jobs added in October.
The U.S. Private Sector Job Quality Index (JQI) was 83.10 in August compared with 82.99 in July, the fourth straight month of growth after bottoming out in March of this year.
CPA today announced that the U.S. Private Sector Job Quality Index (JQI) was 82.45, essentially flat with only a change of -0.03% from the preceding month.
A below-expectations jobs report and a continuing decline in the JQI are not good
signs for the U.S. economy.
CPA Job Quality Index: Despite the federal government’s strong March 2024 Jobs Report released last Friday, the JQI shows the US labor market suffers from persistent structural issues.
WASHINGTON — The Coalition for a Prosperous America (CPA) today announced that the U.S. Private Sector Job Quality Index (JQI) for September declined by 0.66% in September to
WASHINGTON — The Coalition for a Prosperous America (CPA) today announced that the U.S. Private Sector Job Quality Index (JQI) for August was 85.09, up 0.09% from July.
WASHINGTON — The Coalition for a Prosperous America (CPA) today announced that the U.S. Private Sector Job Quality Index (JQI) for July was 85.09, down 0.41% from June.
WASHINGTON — The Coalition for a Prosperous America (CPA) today announced that the U.S. Private Sector Job Quality Index (JQI) for June was 85.22, down 0.3% from May.
