jobs report

Definition

A comprehensive report on multiple measurements of the state of employment in the United States, including the total non-farm payrolls, unemployment rate, average hourly earnings, and average workweek. Data for the survey period ending on the 12th of the prior month are released by the Bureau of Labor Statistics on the first Friday of each month. Also called the Employment Situation Report or simply as the Non-farm Payrolls Report, the employment report available at a number of financial information Web sites.

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Jobs and Growth Tax Relief Reconciliation Act of 2003 JOD