Less Government, More Empoyment

Less Government, More Empoyment

September 27, 2021

Usually, the most important economic data report every month is the Employment Report and usually that key report comes out the first Friday of every month.  But this month is throwing one of those periodic knuckleballs and so we need to wait an extra week, until Friday October 8. 

Nothing strange is really going on, and there's no reason for conspiracy-thinking.  Both the payroll report and the employment survey – which give us the nonfarm payrolls and unemployment rate data, respectively – are based on the week of the month that includes the 12th.

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