2017 Economic Calendar
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Gallup Good Jobs Rate  
Released On 5/4/2017 8:30:00 AM For Apr, 2017
level45.1 44.7 

The Gallup good jobs rate fell to 44.7 percent in April, down from 45.1 percent in March, but higher than the 44.4 percent measured in February. The current GGJ rate is slightly lower than the 44.9 percent recorded in April 2016.

While the GGJ has fluctuated on a monthly basis since Gallup first began tracking the measure in January 2010, it has generally trended up. The low point for the GGJ was 41.7 percent in February 2011, as the economy struggled to recover from the Great Recession and the high unemployment rate that followed. The highest point was 47.1 percent in July 2016.

The U.S. workforce participation rate essentially held steady at 67.6 percent in April, little changed from 67.8 percent in March. The rate is roughly the same as a year ago, when workforce participation was 67.3 percent. The unemployment rate for April was 5.5 percent, essentially unchanged from the 5.6 percent recorded in February and March.

The percentage of the population who is underemployed rose to 14.0 percent in April, up from 13.5 percent last month. The current underemployment rate is roughly equal to that of January (14.1 percent) and February (13.9 percent), as well as a year ago (13.8 percent). Underemployment is still far better than its high point of 20.3 percent recorded in March 2010.

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: 1/52/23/94/65/46/17/68/3
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