IDEAS home Printed from https://ideas.repec.org/p/nzb/nzbans/2024-01.html
   My bibliography  Save this paper

Assessing and communicating labour market indicators of inflationary pressure

Author

Listed:

Abstract

This Note proposes improvements to the methodology that we use to assess labour market indicators of inflationary pressure. These results suggest inflationary pressure from the labour market can be summarised using a narrow set of 4 high-quality indicators consisting of: the job transition rate, the vacancy-unemployment ratio, the unemployment rate, and a business survey measure of labour as a limiting factor for business production. These results also recommend retaining the full set of existing labour market indicators and using a new visualisation method to understand the broader context of the labour market.

Suggested Citation

  • Christopher Ball, 2024. "Assessing and communicating labour market indicators of inflationary pressure," Reserve Bank of New Zealand Analytical Notes series AN2024/01, Reserve Bank of New Zealand.
    • Handle: RePEc:nzb:nzbans:2024/01
    as

    Download full text from publisher

    File URL: https://www.rbnz.govt.nz/-/media/project/sites/rbnz/files/research/assessing-and-communicating-labour-market-indicators-of-inflationary-pressure.pdf
    Download Restriction: no
    ---><---

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:nzb:nzbans:2024/01. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Reserve Bank of New Zealand Knowledge Centre (email available below). General contact details of provider: https://edirc.repec.org/data/rbngvnz.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.