2017 Economic Calendar
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Gallup Good Jobs Rate  
Released On 4/6/2017 8:30:00 AM For Mar, 2017
PriorActual
level44.4 45.1 

Highlights
March Gallup good jobs rate rose to 45.1 percent in March from 44.4 percent in February. Although down from its peak of 47.1 percent in July of 2016, it is currently higher than the 44.4 percent recorded in March of 2016. The GGJ is at its highest point since November 2016 (45.7 percent).

Gallup began measuring the GGJ rate in January 2010 and since then, it has generally trended upward over time. The average monthly change has been plus 0.3 percentage points since January 2011, the first month for which data could be compared with data recorded in the same month of the previous year. The rate of change from March 2016 to March of this year was more than twice the average at plus 0.7 percentage points.

Workforce participation increased slightly to 67.8 percent in March from 67.4 percent in February. The current rate of workforce participation is nearly a full percentage point higher than it was in March 2016 (66.9 percent). Gallup's unemployment rate was unchanged in March at 5.6 percent. However, this is still down slightly from 6.0 percent in March of 2016. The measure of underemployment declined from 13.9 percent in January to 13.5 percent in March. Underemployment was also down from 14.4 percent in March of 2016.

Definition
Gallup tracks daily the employment status of the U.S. population and the workforce. Based on an individual's responses to the question series, Gallup classifies respondents into one of six employment categories: employed full time for an employer; employed full time for self; employed part time, but do not want to work full time; employed part time, but want to work full time; unemployed; and out of the workforce. The data are based on a nationally representative sample of 29,000 interviews, including 18,000 in the workforce. Daily results reflect 30-day rolling averages.  Why Investors Care
 

2017 Release Schedule
Released On: 1/52/23/94/65/46/17/68/38/3110/511/212/7
Release For: DecJanFebMarAprMayJunJulAugSepOctNov
 


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