Skip to content
AlpineDataWorks.AI
← All products
Labor/Macro · Index Gold

Labor-Market Tightness Index

How tight is the US labor market — are there meaningfully more job openings than unemployed workers?

Refresh
monthly
History
10.2 yrs
Plan
Gold
43.2/ 100
Stable

US labor market

2016-04-01 10.2 yrs · 124 pts 2026-06-27

Top drivers

openings_to_unemployed_ratioratio_z_scorejob_openings_k
⌁ mcp.call("adw-045") vADW-045-live-1.0
Use cases

What it unlocks

For an agent

A compensation-benchmarking agent reads ADW-045 monthly; when the labor tightness score rises above 60 (it peaked at 87.8 and has ranged from 0 to 87.8 across 123 observations, currently at 43.2 in the 35th percentile on a falling trend), it triggers a salary-band review workflow for hard-to-fill roles, cross-checks the openings_to_unemployed_ratio against the prior month to confirm direction, and suppresses alerts when confidence is below 0.8 to avoid noise from JOLTS revision months — methodology_version ensures the 36-month z-score window is consistently applied.

📈

For the business

A CHRO at a mid-market manufacturing company uses ADW-045's tightness_label and ratio_z to time its annual merit-increase cycle: when the score was above 70 (as it was for extended periods in 2021-2022), the team pre-budgeted 5-7% raises to stay competitive; as the score has fallen to the 35th percentile today, the same IOM signal is informing a return to 3% bands — replacing a quarterly JOLTS manual download that HR previously ran through an Excel model.

Forward outlook

Prediction

Horizon
Recommended use
Measure labor-market tightness via openings/unemployed ratio. High score = workers scarce relative to demand; expect wage pressure. Descriptive, monthly lag.
Methodology

How it's built

JOLTS openings ÷ unemployed ratio; z-score vs 36mo trailing window × 15 → 0-100 (50=neutral, >50=tight)

FRED (JTSJOL, UNEMPLOY)

Version ADW-045-live-1.0 · validated to beat a naive baseline · benchmark: none