Labour

 

Here is a brief explanation of each term related to employment and labor statistics:

1. ADP Employment Change: Monthly change in non-farm private employment based on payroll data.
2. Average Hourly Earnings MoM/YoY: Month-over-month and year-over-year changes in the average hourly earnings of employees.
3. Average Weekly Hours: Average number of hours worked per week by employees.
4. Challenger Job Cuts: Monthly report on the number of announced job cuts.
5. Continuing Jobless Claims: Number of individuals continuously receiving unemployment benefits.
6. Employed Persons: Total number of people currently employed.
7. Employment Cost Index: Measures the change in the cost of labor, including wages and benefits.
8. Employment Rate: Percentage of the working-age population that is employed.
9. Full Time Employment: Number of people working full-time jobs.
10. Government Payrolls: Total number of jobs in the government sector.
11. Hiring Plans Announcements: Announcements by companies regarding future hiring plans.
12. Initial Jobless Claims: Number of new claims for unemployment benefits filed by individuals.
13. Job Layoffs and Discharges: Data on the number of layoffs and discharges.
14. Job Openings: Total number of open positions that employers are actively seeking to fill.
15. Job Quits Rate: Percentage of employees voluntarily leaving their jobs.
16. Jobless Claims 4-Week Average: Four-week moving average of initial jobless claims.
17. JOLTs Job Openings/Quits: Data from the Job Openings and Labor Turnover Survey on job openings and quits.
18. Labour Costs: Total cost of employing workers, including wages and benefits.
19. Long Term Unemployment Rate: Percentage of unemployed individuals who have been jobless for 27 weeks or more.
20. Manufacturing Payrolls: Total number of jobs in the manufacturing sector.
21. Minimum Wages: Legal minimum hourly wage rate.
22. Non-Farm Payrolls: Total number of paid U.S. workers excluding farm workers, private household employees, and non-profits.
23. Nonfarm Payrolls Private: Number of private sector jobs added or lost.
24. Nonfarm Productivity: Measure of output per hour worked in the nonfarm business sector.
25. Part Time Employment: Number of people working part-time.
26. Participation Rate: Percentage of the working-age population that is either employed or actively looking for work.
27. Population: Total population of a country or region.
28. Productivity: Measure of efficiency, output per unit of input.
29. Retirement Age Men/Women: Average retirement age for men and women.
30. U-6 Unemployment Rate: Broader measure of unemployment, including underemployed and discouraged workers.
31. Unemployed Persons: Total number of people currently unemployed.
32. Unemployment Rate: Percentage of the labor force that is unemployed.
33. Unit Labour Costs: Ratio of total labor costs to real output.
34. Wage Growth: Increase in wages over a specific period.
35. Wages: Earnings received by workers.
36. Wages in Manufacturing: Average earnings in the manufacturing sector.
37. Youth Unemployment Rate: Percentage of unemployed individuals aged 15-24.

These indicators provide a comprehensive view of the employment situation and labor market health.