Description: As the names suggests this reports lists the number of payroll jobs at all non-farm business establishments and governments agencies. This is the most closely watched economic release in the States, coincident indicator of economic growth.
The greater the increase is in employment, the faster is the total economic growth. An increasing unemployment rate is associated with an expanding economy. The economy is considered to be at full employment when the unemployment rate is between 5.5% and 6.0 %. Average earnings are also measured in this report and if this rises sharply, it acts as a guide of potential inflationary pressures.
Release Date: 8:30 (EST); monthly, usually first Friday of every month.