On Friday the Labor Department is set to release the April employment report. The data show the net number of new jobs created, as well as the unemployment rate, average hourly earnings and length of the average workweek.

The current trend has leaned toward increasing layoffs and rising unemployment amid a weakening job market. Despite better-than-expected growth in the past few months, the rate of new jobs being created has slowed.

Economic Data

(Forecasts are from

Reuters

. Times are Eastern. For a longer-term economic calendar and more, see

TSC's

Economic Databank.)

  • 8:30 a.m.: Employment report for April. Source: Labor Department. Forecast: +5,000. Previous: -86,000.
  • 8:30 a.m.: Average hourly earnings. Source: Labor Department. Forecast: +0.3%. Previous: +0.4%.
  • 8:30 a.m.: Unemployment rate. Source: Labor Department. Forecast: 4.4%. Previous: 4.3%.
  • 8:30 a.m.: Augmented unemployment rate. Source: Labor Department. Forecast: n.a. Previous: 7.0%.
  • 8:30 a.m.: Pool of available workers. Source: Labor Department. Forecast: n.a. Previous: 10.26M.
  • 9:40 a.m.:Future Inflation Gauge for April. Source: Economic Cycle Research Institute. Forecast: n.a. Previous: 111.0.