What Is the Jobs Report?:
The jobs report will tell you how many jobs were added, or lost, since the previous month. The economy needs 150,000 new jobs are needed each month to keep growing.
The Jobs Report Includes Unemployment:
To get the number of unemployed, the BLS must undertake a separate survey of households, not businesses. This household report also includes workers' age, sex, and race/ethnicity. The household survey has a more expansive scope than the establishment survey because it includes the self-employed,unpaid family workers, agricultural workers, and private household workers, who are excluded by the establishment survey. However, it is not as accurate as the business establishment survey because it has a smaller sample size. That's why employment numbers are taken from the establishment survey.
