The Index displays an amount of created or shortened working places for some definite period of time. The indicator tracks the dynamics of occupancy in labor market and demonstrates either its extension (the increase of needs for labor force and creation of new vacant places) or contraction (shortening of working places). The indicator, the calculation of which doesn’t take into account the rate of business activity in agricultural sector, is considered to be basic, that is it doesn’t reflect the situation in labor force market including the correction data for seasonal variations. The growth of current indicator is positively perceived by national currency, but its decrease leads to negative tendency and consequently exerts a negative influence on both: economy and currency. It is referred to the group of powerful indicators.
