Chapter 6. More Employment Indicators
In This Chapter
Why unemployment claims are a leading indicator
What you’ll find in the ADP Employment Report
Why the Monster Employment Index is important
The Employment Situation report grabs the spotlight each month, but there are a number of other employment reports that either help you anticipate what the numbers will be in the employment situation report or that give you a view of the jobs market from a different angle.
These three employment indicators we are going to cover come out before the all-important employment situation and get a fair amount of market attention. You’ll even be pleasantly surprised to see that economists are keeping up with the times, creating an Internet-based employment index.