Economic Event | Nonfarm Payrolls |
Units | Change in Thousands of Employees |
Current Period | Nov 2008 |
Release Date | Dec. 05. 08 |
Reported | -533 |
Consensus for Current Period | -311 |
Number of Forecasts | 41 |
Economic Surprise | -222 ( -71.38 % ) |
Prior Period | Oct 2008 |
Reported Value for Prior Period | -320 |
Revised From | -240 |
Next Release Date | Jan. 09. 09 |
Next Release Time | 8:30 AM Eastern Time |
Source | http://stats.bls.gov/news.release/pdf/empsit.pdf |
Note | |
Description | The total non-farm payroll accounts for approximately 80% of the workers who produce the entire gross domestic product of the United States. The non-farm payroll statistic is reported monthly and is used to assist government policy makers and economists determine the current state of the economy and predict future levels of economic activity. |