- The April jobs report shows two sides: slower hiring and increased working times and wages.
- The long term outlook is pessimistic due to the constant decline in the labor participation rate.
On May 6, the Bureau of Labor and Statistics (BLS) released its monthly employment situation summary.
The report is released on the first Friday of the month for the previous month. It consists of two parts: one presents non-farm payrolls, hours worked and hourly earnings, and the other is created by surveying more than 60,000 households in order to extract the unemployment rate. More →