Inflation Trend vs. Federal Reserve Target
Is inflation converging toward the Federal Reserve's 2% long-run target?
How many jobs is the U.S. economy adding or shedding each month?
The month-over-month and year-over-year change in total non-farm payroll employment, as measured by the Bureau of Labor Statistics Current Employment Statistics survey. Also tracks the U-3 unemployment rate and broader U-6 labor underutilization rate.
Formula
Monthly Change = Current Month Payrolls − Prior Month Payrolls (seasonally adjusted)Employment is the primary measure of economic well-being for most households. Sustained job growth correlates with rising wages, increased tax revenue, and reduced social program spending. Job losses signal economic distress and typically precede consumer spending declines.
Example Visualization
Monthly bar chart of payroll gains/losses (positive/negative color coded), with overlay showing rolling 12-month average. Secondary gauges for U-3, U-6, and labor force participation rate.