14 - Employment

Question 1

What does ESR stand for

Answer 1

Employment situation report

Question 2

What clues does the ESR give us

Answer 2

Clues about conditions predicted 6-12 months previously by the leading indicators and if they are starting to show

Question 3

What is the ESR made up of

Answer 3

1. Unemployment rate
2. Total non-farm payrolls
3. Private sector employment
4. Gov sector employment

Question 4

What is excluded in non-farm payrolls

Answer 4

1. General Gov employees
2. Private household employees
3. Employees of non-profit orgs
4. Farm employees (seasonal)