A Guide To Employment Data Sending Mixed Messages

The Employment Report is a report put out by the Bureau of Labor Statistics once per month. The Employment Report can provide a lot of information to traders and provide “trader how to” in a sense because it provides the most accurate, broad and timely reporting of the economic activity and health of the economy. It can be used with a wide variety of indicators from Fibonacci Retracement, to Moving Averages. Employment data sending mixed messages offers excellent info on this.

The Employment Report allows traders to make educated decisions about how to trade. The Employment Report provides data on almost all sectors of the economy and is a valuable trading tool. The report consists of two different reports that combine the data found in two surveys done independently one of another.

The Household Survey is a survey taken of approximately 60,000 household that equates to almost 120,000 people. This gives information about the unemployment rates and much of the economy and trading runs on unemployment rates. Unemployment rates tell us about job creating, growth, expansion in companies, etc. People who are technically unemployed are those who do not have job and are not actively seeking jobs.

The other survey conducted in the Establishment or Payroll Survey. This survey samples 375,000 companies that report the payrolls, average workweek length, and approximate hourly earnings. This tells traders the state of companies, if there is growth or stagnation, and the health of companies in the economy. The payrolls are divided into categories such as manufacturing, mining, construction, service sector, and government. Manufacturing is the sector of business that typically leads the markets but depending on the area of the market you have a particular interest in, you want to follow different sectors.

The average workweek length can be a deciding factor because it indicates the levels of manufacturing production and personal income people in the market have which correlates to spending power. In this way, the Employment Report can tell other sectors of the market, like the retail market, how healthy their market is.

With each report come market changes. The payrolls and unemployment rates have direct results on the fixed income and equities markets as well as the strength of the dollar. For instance, if the payroll employment is up, the bond market heads down, stock markets go up and the strength of the dollar goes up because there are more people working, more exports available and companies are performing well. These are just some ways the Employment Report can help you as a trader determine market strength.


Truck Accident Attorney Pasadena – Guide

What is a truck accident attorney and how do you know if you need one? A truck accident is of course an accident involving a truck and a smaller motor vehicle, such as an automobile or motorcycle. Trucks also can have accidents with each other, but they are then hitting something that is their own size and the injuries are not usually as devastating. The trucks that we refer to here are the so called “big rigs”, the eighteen wheel or large behemoths that populate our highways. Most drivers of smaller vehicles tend to let the commercial trucks have their way on the road even if their way is not always safe. If an automobile, small truck or motorcycle is involved in an accident with one of these large trucks the people in the small vehicle will probably be seriously injured or even killed. Truck Accident Attorney Pasadena is an excellent resource for this.

One thing that a truck accident attorney should be able to tell you is what the cause of accidents between commercial trucks and small vehicles are. Truck drivers have a very tough job, they have to transport goods from one place to another as quickly as possible and as economically as possible. Gas prices are rising and manufacturers are cutting back on their fleets. Some work is now given to independents that may cut corners in order to keep up with their business. These corners may be taking stimulants to remain awake, either legal or other types, and carrying too much weight for the truck. States have cut back on their weigh stations in order to balance budgets and so heavier trucks can get by. A weight shift in a large 18 wheel truck can cause a skid or jackknife of the truck which will most certainly involve other vehicles on the highway at the time that it occurs.

Truck drivers do drive impaired perhaps more times than drivers of other vehicles, trying to make up their schedules or due to some other problem. Picturing a drunk or impaired driver in an automobile is scary enough, but in a “big rig” it is beyond frightening. A truck accident attorney will help you or your family members determine who is at fault for the accident. If it is the truck driver, he may not be the only one you can sue. You might have action against the trucking company, the manufacturing company and others that your attorney will work with you to discover.