Employment Situation

Market Sensitivity: Very high.

What Is It: The most eagerly awaited news on the economy. Are jobs being created? It has great economic and political significance.

News Release on Internet: http://stats.bls.gov/news.release/empsit.toc.htm

Home Web Address: http://stats.bls.gov/

Release Time: 8:30 A.M. (ET); announced generally on the first Friday of each month and covers the month just concluded.

Frequency: Monthly.

Source: Bureau of Labor Statistics, Department of Labor.

Revisions: Can be major. Revisions often go back two months with each release. The government does benchmark changes for the establishment (or payroll) survey every June. Benchmark changes for the household survey are rare, about every 10 years or so.

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