Highlights - Q2 2015
Learning executives continue to have a positive outlook regarding the importance of and investment in learning. The LXCI score is 68.0, down from last quarter’s score of 68.8. But it is important to remember that last quarter’s score was the second-highest score recorded. Also, the change is not statistically significant at the p < 0.05 level. The current score is very close to the score of 68.2 from two quarters ago.
The current LXCI score indicates an optimistic outlook. From 2010 to 2014, the average score was between 65 and 66. The current score is nearly 13 points higher than the historic low of 55.1 from Q1 2009, and less than two points below the historic high score of 69.9 from Q4 2013. In May 2015, the unemployment rate, which is strongly related to learning leaders’ optimism, remained low at 5.5 percent, the same as three months ago. (As the unemployment rate falls, the LXCI typically rises, which is not surprising given the training needs of newly hired workers).