by Glenn Busch
December 4, 2010
The last economic report released on Friday, December 3, 2010 and the most anticipated was the U.S. Bureau of Labor’s Employment Situation Summary, or the non-farm payrolls report , or just the jobs report. This report is a major market mover. The jobs report is considered a great summary of current economic conditions. Employment growth provides the fuel for sustained economic growth. The report is also one the most politicized economic reports too.
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by Glenn Busch
November 6, 2010
Yesterday the U.S. Bureau of Labor Statistics released the October Employment Report. The monthly report is one of the most widely followed economics reports as it provides one of the best summaries of economic conditions. Employment growth provides the fuel to keep an economy growing through income growth needed and sustained consumer spending. The report also provides insight into the health of the overall economy and individual business sectors. The Employment report has also historically had a large impact on monetary policy.
While the initial headline on the monthly change in non-farm payrolls will grab the market’s attention some of the other key areas of the report to look at are: jobless rate, monthly payroll changes by industry, average hourly earnings, average workweek and overtime, average duration of unemployment.
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