The jobs report (officially the Employment Situation) is the monthly Bureau of Labor Statistics release showing how many jobs the US economy added and the unemployment rate.
It is usually published at 8:30 a.m. ET on the first Friday of the month. It combines a survey of employers (nonfarm payrolls, wages, hours) and a survey of households (unemployment rate, labor force participation). Prior months are revised.
Why it matters to you
It is one of the most market-moving data releases because it shows whether the economy is creating jobs and how fast wages are rising.