Department of Labour’s Lead Employment Indicator: Background and Methodology
- Foreword
- Introduction
- Performance of the Lead Employment Indicator
- Definition of a turning point
- Picking turning points in employment growth
- The forecasting component
- Methodology
- Components included in the LEI
- Concordance method
- Forecasting component of the LEI
- Caveats
- References
- Appendix A: Data and data sources
- Appendix B: Construction of composite index of leading indicators
- Appendix C: Forecasting technical details