The Employment Change Quarter-over-Quarter (QoQ) measures the percentage change in the number of employed persons compared to the previous quarter. This metric helps smooth out monthly volatility and provides a clearer picture of medium-term labor market trends. It is widely used by policymakers to assess the effectiveness of economic stimulus.
The percentage difference is calculated by taking the total employment level of the current quarter and comparing it to the total employment level of the preceding quarter.
| Date | Actual | Forecast | Surprise |
|---|---|---|---|
| Aug 4, 2026 | 0.50 | 0.20 | +0.30 |
| May 5, 2026 | 0.20 | 0.30 | -0.10 |
| Feb 3, 2026 | 0.50 | 0.30 | +0.20 |
| Nov 4, 2025 | 0.00 | 0.10 | -0.10 |
| Aug 5, 2025 | -0.10 | -0.10 | 0.00 |
| May 6, 2025 | 0.10 | 0.10 | 0.00 |
| Feb 4, 2025 | -0.10 | -0.20 | +0.10 |
| Nov 5, 2024 | -0.50 | -0.40 | -0.10 |
| Aug 6, 2024 | 0.40 | -0.20 | +0.60 |
| Apr 30, 2024 | -0.20 | 0.30 | -0.50 |
| Feb 6, 2024 | 0.40 | 0.30 | +0.10 |
| Oct 31, 2023 | -0.20 | 0.40 | -0.60 |
| Aug 1, 2023 | 1.00 | 0.50 | +0.50 |
| May 2, 2023 | 0.80 | 0.40 | +0.40 |
| Jan 31, 2023 | 0.20 | 0.30 | -0.10 |
| Nov 1, 2022 | 1.30 | 0.50 | +0.80 |
| May 3, 2022 | 0.10 | 0.10 | 0.00 |
| Feb 1, 2022 | 0.10 | 0.30 | -0.20 |
| Nov 2, 2021 | 2.00 | 0.40 | +1.60 |
