Formulas
- Jobs
- ASHE jobs (000s) × 1,000
- Annualised adverts
- observed adverts × expected months ÷ months present · 30 of 127 displayed occupations used fewer than 12 months
- Intensity
- annualised adverts ÷ jobs (000s), giving adverts per 1,000 jobs
- Signal
- High intensity starts at the median (310) and high pay growth means above 5.7%.
- Shortage: high intensity, high pay growth
- Churn: high intensity, lower pay growth
- Rising pay: lower intensity, high pay growth
- Quiet: lower intensity, lower pay growth