The Palanor Indices
The instruments Palanor builds to read what the singular series cannot.
Anyone can show you CPI. Anyone can show you the VIX. Palanor builds composites — transparently disclosed, weight-by-weight, with public-source components.
The Palanor Indices
Anyone can show you CPI. Anyone can show you the VIX. Palanor builds composites — transparently disclosed, weight-by-weight, with public-source components.
Three things tell the labor story — who is hiring, who is quitting, and what they are paid.
The American labor market is over-described and under-read. Headline unemployment misses half the story; payrolls miss the other half. This index reads jobs across three dimensions simultaneously: hiring (openings, payrolls), separation (quits, jobless claims), and compensation (wage growth, real income). The weighting balances them. The result is a 0–100 score where: - 0.0–0.2: distressed (high unemployment, falling wages, hiring collapse) - 0.2–0.4: weakening - 0.4–0.6: balanced — the canonical "soft landing" reading - 0.6–0.8: tight (low unemployment, accelerating wages, quits rising) - 0.8–1.0: overheating, late-cycle risk The index is forward-looking by construction. Quits rates lead unemployment by 6–9 months; wage growth lags by 3–6 months. Reading them together gives the regime, not just the snapshot.
Every component, every weight. The 30-day spark shows how the underlying series has moved; the transform column shows how it converts to a comparable scale before weighting. Direction indicates whether rising values raise or lower the index.
| Component | Source | Weight | Direction | Transform | 30d | 24h | 30d Δ | Now contributing |
|---|---|---|---|---|---|---|---|---|
| Unemployment Rate | FRED | 17% | negative | zscore_24m | — | — | — | +0.060 |
| JOLTS Job Openings | FRED | 17% | positive | zscore_24m | — | — | — | +0.243 |
| JOLTS Quits Rate | FRED |
Numen for the public read:
Palanor reads us jobs health at 39.1 of 100 — modestly below its 24-month neutral. The composite is softening, with the weight of components leaning the other way.
24-month history of this index. The composite is recomputed daily; values are stored with timestamps.
Y-axis auto-zoomed · data clusters tightly
| # | Computed at | Value | Δ |
|---|---|---|---|
| 69 | 7/11/2026, 8:45:36 AM | 39.1415 | +0.3914 |
| 68 | 7/10/2026, 8:45:14 AM | 38.7501 | -0.0136 |
| 67 | 7/9/2026, 8:45:54 AM | 38.7637 | 0.0000 |
| 66 | 7/8/2026, 8:45:54 AM | 38.7637 | -0.0256 |
| 65 | 7/7/2026, 8:45:54 AM | 38.7894 | 0.0000 |
| 64 | 7/6/2026, 8:45:55 AM | 38.7894 | 0.0000 |
| 63 | 7/5/2026, 8:45:54 AM | 38.7894 | 0.0000 |
| 62 | 7/4/2026, 8:45:54 AM | 38.7894 | 0.0000 |
| 61 | 7/3/2026, 8:45:55 AM | 38.7894 | +2.1733 |
| 60 | 7/2/2026, 8:45:54 AM | 36.6161 | 0.0000 |
| 59 | 7/1/2026, 8:45:36 AM | 36.6161 | -0.2456 |
| 58 | 6/30/2026, 8:45:36 AM | 36.8617 | 0.0000 |
| 57 | 6/29/2026, 8:45:51 AM | 36.8617 | 0.0000 |
| 56 | 6/28/2026, 8:45:52 AM | 36.8617 | 0.0000 |
| 55 | 6/27/2026, 8:45:51 AM | 36.8617 | 0.0000 |
| 54 | 6/26/2026, 8:45:51 AM | 36.8617 | +6.4162 |
| 53 | 6/25/2026, 8:45:29 AM | 30.4454 | +0.0090 |
| 52 | 6/24/2026, 8:45:30 AM | 30.4364 | 0.0000 |
| 51 | 6/23/2026, 8:45:05 AM | 30.4364 | 0.0000 |
| 50 | 6/22/2026, 8:45:06 AM | 30.4364 | 0.0000 |
| 49 | 6/21/2026, 8:45:08 AM | 30.4364 | 0.0000 |
| 48 | 6/20/2026, 8:45:13 AM | 30.4364 | 0.0000 |
| 47 | 6/19/2026, 8:45:13 AM | 30.4364 | +0.5941 |
| 46 | 6/18/2026, 8:45:33 AM | 29.8424 | +0.0170 |
| 45 | 6/17/2026, 8:45:24 AM | 29.8253 | 0.0000 |
| 44 | 6/16/2026, 8:45:10 AM | 29.8253 | 0.0000 |
| 43 | 6/15/2026, 8:45:10 AM | 29.8253 | 0.0000 |
| 42 | 6/14/2026, 8:45:42 AM | 29.8253 | 0.0000 |
| 41 | 6/13/2026, 8:45:09 AM | 29.8253 | +0.4138 |
| 40 | 6/12/2026, 8:45:18 AM | 29.4116 | -0.7778 |
| 39 | 6/11/2026, 8:45:23 AM | 30.1894 | +0.0044 |
| 38 | 6/10/2026, 8:45:40 AM | 30.1850 | 0.0000 |
| 37 | 6/9/2026, 8:45:52 AM | 30.1850 | 0.0000 |
| 36 | 6/8/2026, 10:53:05 PM | 30.1850 | 0.0000 |
| 35 | 6/8/2026, 8:45:35 AM | 30.1850 | 0.0000 |
| 34 | 6/7/2026, 8:45:30 AM | 30.1850 | 0.0000 |
| 33 | 6/6/2026, 8:45:30 AM | 30.1850 | +1.2408 |
| 32 | 6/5/2026, 8:45:52 AM | 28.9442 | -1.9616 |
| 31 | 6/4/2026, 7:12:11 PM | 30.9058 | 0.0000 |
| 30 | 6/4/2026, 4:21:22 PM | 30.9058 | 0.0000 |
| 29 | 6/4/2026, 4:20:31 PM | 30.9058 | 0.0000 |
| 28 | 6/4/2026, 4:20:02 PM | 30.9058 | 0.0000 |
| 27 | 6/4/2026, 8:45:40 AM | 30.9058 | +4.8993 |
| 26 | 6/3/2026, 8:45:14 AM | 26.0065 | 0.0000 |
| 25 | 6/2/2026, 8:45:31 AM | 26.0065 | 0.0000 |
| 24 | 6/2/2026, 3:48:33 AM | 26.0065 | 0.0000 |
| 23 | 6/2/2026, 3:13:26 AM | 26.0065 | 0.0000 |
| 22 | 6/2/2026, 3:02:29 AM | 26.0065 | 0.0000 |
| 21 | 6/2/2026, 3:00:50 AM | 26.0065 | 0.0000 |
| 20 | 6/1/2026, 8:45:46 AM | 26.0065 | 0.0000 |
| 19 | 5/31/2026, 8:45:34 AM | 26.0065 | +0.6694 |
| 18 | 5/30/2026, 8:45:27 AM | 25.3372 | 0.0000 |
| 17 | 5/30/2026, 5:04:20 AM | 25.3372 | 0.0000 |
| 16 | 5/30/2026, 4:55:35 AM | 25.3372 | 0.0000 |
| 15 | 5/30/2026, 4:12:35 AM | 25.3372 | 0.0000 |
| 14 | 5/30/2026, 4:12:18 AM | 25.3372 | 0.0000 |
| 13 | 5/29/2026, 8:45:28 AM | 25.3372 | -6.3327 |
| 12 | 5/29/2026, 4:58:25 AM | 31.6699 | 0.0000 |
| 11 | 5/28/2026, 8:45:12 AM | 31.6699 | 0.0000 |
| 10 | 5/27/2026, 8:45:49 AM | 31.6699 | +0.0550 |
| 9 | 5/26/2026, 8:45:25 AM | 31.6149 | 0.0000 |
| 8 | 5/26/2026, 6:48:31 AM | 31.6149 | 0.0000 |
| 7 | 5/26/2026, 6:48:26 AM | 31.6149 | 0.0000 |
| 6 | 5/26/2026, 3:54:58 AM | 31.6149 | 0.0000 |
| 5 | 5/26/2026, 3:54:12 AM | 31.6149 | 0.0000 |
| 4 | 5/26/2026, 3:53:42 AM | 31.6149 | -0.0010 |
| 3 | 5/25/2026, 8:45:26 AM | 31.6159 | 0.0000 |
| 2 | 5/24/2026, 8:45:46 AM | 31.6159 | 0.0000 |
| 1 | 5/23/2026, 8:45:28 AM | 31.6159 | — |
https://fred.stlouisfed.org/https://www.atlantafed.org/researchhttps://www.clevelandfed.org/our-research/indicators-and-datahttps://data.oecd.org/leadind/consumer-confidence-index-cci.htmhttps://www.cnn.com/markets/fear-and-greedhttps://trends.google.com/Stewards see Palanor Indices tuned to their mandate.
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| 11% |
| positive |
| zscore_24m |
| — |
| — |
| — |
| -0.129 |
| Atlanta Fed Wage Growth (12mo) | FRED | 17% | positive | zscore_24m | — | — | — | -0.231 |
| Real Personal Income | FRED | 17% | positive | pct_change_12m | — | — | — | -0.241 |
| Initial Jobless Claims | FRED | 11% | negative | zscore_24m | 0.00 | ▼ 11000 | +0.081 |
| Employment-Population Ratio | FRED | 11% | positive | zscore_24m | — | — | — | -0.226 |