O'Reilly logo

The Trader's Guide to Key Economic Indicators, 3rd Edition by Richard Yamarone

Stay ahead with the world's most comprehensive technology and business learning platform.

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, tutorials, and more.

Start Free Trial

No credit card required

CHAPTER 3

The Employment Situation

The most important economic indicator by far is the monthly Employment Situation report published by the Bureau of Labor Statistics (BLS). No economic release can move stocks and bonds like employment data, and no indicator is more revealing of general economic conditions than labor-market data. This is why the first Friday of every month, when the Employment Situation report is released, is the most important trading session of the month.

The fixed-income market often moves violently, in a matter of seconds, after the employment report is released. The Dow Jones Industrial Average has on occasion opened up or down from the previous day’s close by a couple hundred points (stocks begin trading an hour after the ...

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, interactive tutorials, and more.

Start Free Trial

No credit card required