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White-Collar Labor

Indicator Study | Emerging | As of 2026-07-10 | Freshness 12d

White-Collar Labor is 'emerging' with a composite score of 46.0. The hottest components are Claims spillover 53.8, Hiring deterioration 47.1.

45.99 Score
12 day(s) Freshness
2026-07-10 As Of

Component Scores

Component Score
Hiring deterioration 47.08
Hours softening 29.90
Claims spillover 53.77

Current Drivers

Driver Component Score Raw Transformed
Professional and business services hires Hiring deterioration 56.53 4.30 8.51
Initial unemployment claims Claims spillover 55.35 215000.00 -5.70
Continuing unemployment claims Claims spillover 52.19 1814000.00 -6.93
Temporary-help employment Hiring deterioration 46.36 2499.20 -0.20
Professional and business services job openings Hiring deterioration 38.35 1485.00 -19.76
Average weekly hours in professional and business services Hours softening 29.90 36.60 -0.55

Metrics

Metric Value
Score 45.99
Freshness Days 12
Panel As Of Date 2026-07-10
Source As Of Date 2026-07-04

Charts

Component contribution bars

Component contribution bars

Higher scores indicate more replacement pressure or fragility for this study.

Normalized history panel

Normalized history panel

All lines are scored on the same 0-100 scale using trailing z-scores on a weekly Friday panel.

Notes

  • Higher scores mean white-collar labor conditions look softer and more replacement-prone.
  • Claims are weekly; payroll and JOLTS series are forward-filled to the weekly panel rather than upsampled with interpolation.
  • Mechanism note: Replacement pressure shows up first through slower hiring, weaker hours, and then broader claims spillover rather than immediate mass unemployment.
  • Freshness: the stalest source series in this study is 12 day(s) old.

Commentary

White‑Collar Labor is emerging with a composite score of 46.0, driven by high Claims spillover (53.8) and Hiring deterioration (47.1).

  • Composite score: 46.0 (as of 2026‑07‑10)
  • Claims spillover component: 53.8 (strongest upward driver)
  • Hiring deterioration component: 47.1 (second‑strongest driver)

Caveat: The index is still emerging with limited historical depth and is subject to revisions, so the current status may change as more data becomes available.