{"uid":"cap_H9U1bvQvKk3asojPv6Dp2","slug":"labour-market-tightness-assessment-c77ae771","name":"Labour Market Tightness Assessment","description":"Combines the unemployment rate, the job vacancy rate and the activity rate for one or more countries into a tightness assessment. The measure that carries the signal is the relation between vacancies and unemployment, not the unemployment rate on its own: four percent unemployment alongside a high vacancy rate means employers cannot find people, and the same four percent alongside a low vacancy rate means there are no jobs, and those are opposite situations that the headline rate reports…","url":"https://stat.halowerk.com/v1/labour-tightness","method":"POST","headers":{},"bodySchema":{"type":"object","properties":{"periods":{"type":"integer","default":8,"maximum":24,"minimum":2},"countries":{"type":"array","items":{"type":"string","maxLength":2,"minLength":2},"maxItems":12,"minItems":1}}},"responseSchema":null,"example":null,"exampleRequest":null,"tags":["x402"],"displayCostAmount":"0.006","displayCostAsset":"USDC","priceDynamic":false,"priceHint":null,"priceStatus":"priced","priceSource":"probe","requiresHandshake":false,"reviewCount":0,"rating":{"score":"0.00","successRate":"0.00","reviews":0,"stars":null,"state":"unrated"},"availabilityStatus":"unknown","priceObserved":null,"sessionDeposit":null,"pricing":{"kind":"static","summary":"$0.006/call","primary":{"kind":"static","protocol":"x402","network":"base","amountUsd":"0.006","per":"call","confidence":"exact"},"accepted":[{"kind":"static","protocol":"x402","network":"base","amountUsd":"0.006","per":"call","confidence":"exact"}]},"paymentMethods":[{"uid":"pm_F8wV5CI5U2JHX6Yze6PtO","protocol":"x402","methodType":"crypto","chain":"base","mode":"charge","costAmount":"0.006","costPer":"request","priority":0,"asset":"0x833589fCD6eDb6E08f4c7C32D4f71b54bdA02913","unit":"request","depositMicros":null,"planRef":null}],"brandName":null,"brandSlug":null,"brandBaseUrl":null,"brandDocsUrl":null,"whatItDoes":"Combines unemployment rate, job vacancy rate, and activity rate for one or more countries into a composite labour market tightness score, capturing whether labour shortages or surpluses are the dominant condition.","exampleAgentPrompt":"Can you get the labour market tightness assessment for Germany and France — combining their unemployment rates, vacancy rates, and activity rates — so I can see whether employers in those countries are struggling to find workers or whether it's the other way around?","exampleUseCases":[{"title":"Hiring feasibility check for market entry","prompt":"We're considering opening a manufacturing facility in Poland or the Czech Republic — can you pull the labour market tightness for both countries so I can see which one has a tighter labour supply and whether we'd struggle to hire locally?"},{"title":"Macroeconomic dashboard for investor briefing","prompt":"I need a labour tightness snapshot for the US, UK, Germany, and Japan to include in our Q3 investor deck — specifically the vacancy-to-unemployment relationship so we can show where wage pressure is likely to be highest."},{"title":"Recession signal monitoring","prompt":"Can you check the labour market tightness for Spain and Italy right now? I want to see whether the rising unemployment figures there actually signal a slack labour market or whether vacancies are still holding up."}],"resultDescription":"Returns a composite labour market tightness assessment for each requested country, incorporating unemployment rate, job vacancy rate, and activity rate into a single measure. The core signal is the vacancy-to-unemployment relationship, which distinguishes between situations where low unemployment reflects genuine labour scarcity versus mere coincidence with low vacancies, providing a richer picture than headline unemployment alone.","failureModes":["Unknown or unsupported country code returns an error or empty result","Data unavailable for a requested time period for a given country","Missing vacancy or activity rate data for a country prevents full tightness computation","Invalid request body format causes a 400-level error","Service unavailable or payment not processed results in a failure response"],"whenToPreferThis":"Choose this endpoint when you need a nuanced view of labour market conditions that goes beyond the headline unemployment rate — particularly when distinguishing between tight labour markets (where vacancies are high relative to unemployment) and genuinely slack ones. Ideal for cross-country comparisons, investment research, workforce planning, or macroeconomic monitoring where the vacancy-unemployment relationship carries the analytical signal.","instructions":null,"reviewSummary":null,"reviewSummaryHighlights":null,"reviewSummaryConcerns":null,"reviewSummaryGeneratedAt":null,"activationCount":0,"lastUsedAt":null,"lastSuccessfullyRanAt":null,"lastHealthCheckAt":"2026-09-15T12:39:39.653Z","isFirstParty":false}