PCE Deflator, (Personal Consumption Expenditure ... - Morningbull

AKA: Change in Non farm payrolls, New Job Creation, Payroll Data, Employment Rate,
Unemployment Rate
Unemployment Rate - United States
The US Unemployment Rate reflects the percentage of people considered
unemployed in the United States. Unemployment is the single most popularly used
figure to give a snapshot of US labor market conditions. Because the Federal
Reserve is under strict pressure to keep unemployment under control, high
unemployment puts downward pressure on interest rates, as the Fed will look to
bolster the economy to remedy the employment situation.
More generally, unemployment is indicative of the economy's production, private consumption,
workers' earnings, and consumer sentiment. A lower unemployment rate translates into more
employed individuals with paychecks, which leads to higher consumer spending, economic
growth and potential inflationary pressures. Conversely, high levels of unemployment are
connected with lower incomes, lower spending, and economic stagnation.
Note: The figure is calculated by dividing the number of unemployed individuals in the labor force
by the total labor force. Technically, Unemployment Rate = (# Unemployed Persons in Labor
Force) / (Total # Persons in Labor Force). Persons are considered unemployed if they are able
and willing to work but without a job and have actively sought employment within the last 4 weeks.
The labor force includes all employed and unemployed individuals 16 years and older. Thus
Unemployment could technical alter based on changes in the number of people in the people in
the workforce, or changes in the number of people looking for employment.
Relevance: Moderate market impact
Release schedule : 8:30 (EST); monthly, usually first Friday of every month,
Revisions schedule : previous two months, can be major, benchmark changes every 10 years
Source of report: Bureau of Labor Statistics, Department of Labor (U.S.)
Web Address : http://www.bls.gov/home.htm
Address of release : http://www.bls.gov/news.release/empsit.toc.htm