How To Interpret the LMPI
The HWS Labor Market PulseTM Index (LMPI) benchmarks local market health workforce activity against national health workforce growth estimates.
A reading close to the national composite index (51.5 for Q1 2011) suggests near-term local market growth is inline with national projections
A reading above the national composite index suggests the demand for healthcare workers is growing faster than the national average.
A reading below the national composite index suggests demand for healthcare workers is growing slower than the national average. In some cases, readings below 50 would indicate a temporary, near-term surplus in health care workers due largely to announced layoffs and facility closures.