Market condition index · Current read
Rising LBMI indicates strengthening labor market — lower unemployment, rising wages, higher participation, and growing job openings. Falling LBMI indicates labor softening, rising claims, wage deceleration, or participation decline.
3.1 points below the 50-normal line. This locates the selected condition; it is not a forecast. From one official close publication; stale selected read.
Official closes earn richer presentation. The selected current read is never spliced into certified history.
| Official close | Condition | Calculated |
|---|---|---|
| 2026-08-17 | 33.3 | Aug 17, 2026, 11:26 PM UTC |
| 2026-08-20 | 39.9 | Aug 20, 2026, 11:20 PM UTC |
| 2026-08-24 | 46.9 | Aug 24, 2026, 11:38 PM UTC |
3 certified closes are shown as a dated ledger, not a connected trend.
Only exact governed relationships are navigable. Shared tickers and price moves never create a link.
No Basket, Narrative, or Asset context is inferred from inputs, tickers, price moves, or static “related” lists.
Declared weights explain construction. They do not claim today's contribution or causal impact.
| Input | Source | Formula role | Weight | Cadence |
|---|
Informational only — not investment advice. MarketSchema is not a registered investment adviser. Condition Percentile reads and indexes are quantitative measurements derived from public market data, not recommendations to buy or sell any security.
| ICSA | fred | Macro · inverse | 20% | Weekly |
| CCSA | fred | Macro · inverse | 10% | Weekly |
| RHI | polygon | Price · positive | 7.5% | Intraday |
| MAN | polygon | Price · positive | 7.5% | Intraday |
| ADP | polygon | Price · positive | 7.5% | Intraday |
| PAYX | polygon | Price · positive | 7.5% | Intraday |
| XLI | polygon | Price · positive | 10% | Intraday |
| XRT | polygon | Price · positive | 15% | Intraday |
| UNRATE | fred | Macro · inverse | 5% | Monthly |
| PAYEMS | fred | Macro · positive | 5% | Monthly |
| CES0500000003 | fred | Macro · positive | 5% | Monthly |