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What the index measures
Pharometric fuses Census QWI administrative hires data, JOLTS, and O*NET task data through generalized least-squares estimation into a single per-cell reading of entry-level hiring contraction — at county × occupation-family resolution, monthly. Every cell carries a fidelity score: an explicit statement of how much that reading should be trusted.
The index measures contraction. It does not, by itself, measure cause — attribution to AI is a separate, deliberately weaker layer, published only as a labeled candidate signal.
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