2017 Economic Calendar
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Gallup Good Jobs Rate  
Released On 6/1/2017 2:00:00 PM For May, 2017
PriorActual
level44.7 45.4 

Highlights
The May Gallup Good Jobs (GGJ) rate, the percentage of U.S. adults employed full time for an employer, rose nearly one percentage point to 45.4 percent and is at its highest point so far this year and matches where it was at this time in 2016. The data present a somewhat positive of the U.S. economy in May.

The GGJ rate typically increases between April and May. The current GGJ rate is above the measure's average of 44.3 percent since 2010 and well above the all-time low of 41.7 percent, recorded in February 2011 as the U.S. economy struggled to recover from the Great Recession. However, it is still below the high point of 47.1 percent recorded in July 2016.

The U.S. workforce participation was stable in May at 68.0 percent virtually not meaningfully different from the 67.6 percent in April. The measure of the U.S. unemployment rate remained essentially unchanged at 5.3 percent in May, compared with 5.5 percent in April. The underemployment rate for U.S. adults was essentially unchanged in May at 13.9 percent compared with 14.0 percent in April.

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: 1/52/23/94/65/46/17/68/3
Release For: DecJanFebMarAprMayJunJul
 


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