The employment growth is measured by employment indicator. The employment indicator reflects the health of an economy. The job opportunities and unemployment are very important aspect to evaluate an economy condition.
Generally, the most commonly used employment figure is the monthly unemployment rate and it is released as a percentage. The report consists of two separate surveys: business firms and household. The business firms' survey consists of the payroll, workweek, hourly earnings and total hours of government jobs, manufacturing, services, retail and others. The households survey illustrate the unemployment rate, overall labor force and the number of people employed. Decrease in unemployment rate show fine economy condition wile increase in unemployment show that the economy is poor.
Sources: http://ikofx.com/en/fundamentalanalysis.php
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