Economic IndicatorsIntermediate📖 3 min read

Employment Statistics

Data covering the labor market's strength.

Key Report
Non-Farm Payrolls
Source
Bureau of Labor Statistics

Employment Statistics provide a comprehensive look at the labor market, including how many people are working, how many hours they work, and how much they earn. The most watched report is usually the Non-Farm Payrolls.

Why It Matters

Strong employment numbers usually signal a growing economy, as more people working means more income and higher consumer spending.

Key Takeaways

1

Indicates economic momentum.

2

Wage growth triggers inflation concerns.

3

Closely watched by the Federal Reserve.

Related Terms

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