📕 subnode [[@KGBicheno/employment and jobs report]] in 📚 node [[employment-and-jobs-report]]

Employment And Job Reports

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US Employment Report (Jobs Report)

Shows health of US economy in terms of employment

Big numbers

  • Number of jobs created in month prior to release
    • (non farm payrolls)
  • Unemployment rate (those in the labour force who can't get a job) <- lagging indicator
  • Wage inflation - how much people's hourly wage is up compared to the previous year, could trigger interest rate increase
📖 stoas
⥱ context