Dictionary of Business Terms: Current Employment Statistics (CES)
Current Employment Statistics (CES)
monthly data on national employment and unemployment, wages and earnings, across all nonagriculture industries, used as indicators of economic trends. Employment data show the well-being of the economy and labor force, Wage changes indicate earnings trends and related labor costs. Economists focus on monthly change in total nonfarm payrolls and locations where jobs were gained or lost. Payroll data show the labor market condition.
