What Is the Employment Situation Report? Why Is It Important?

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The Street

By TheStreet Staff What Is the Employment Situation Report?Every month, the U.S. Bureau of Labor Statistics releases its Employment Situation Report, also known as the Jobs Report. It contains information about how much employment and wages have grown or contracted in the United States since the previous month. This data sheds light on employment trends, which are invaluable to economists, analysts, and investors. The Employment Situation Report is made up of two separate reports: The Current Employment Statistics Survey, which tracks data from approximately 697,000 work sites, and a Household…

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