The U.S. will release its new labor report

Growing up sucks. You go from reading Captain Underpants books → reading government economic reports. (booo!)

The next important economic report coming this week? The U.S. monthly jobs report.

This gives a snapshot of important info like how many jobs were created during the month, how many people were unemployed, how many hours everyone worked, etc.

So what? The U.S. monthly job report is often the first major economic report released during the month.

Depending on the results, it can be a market-moving event and sets the tone for other economic reports that follow (like the Feds’ decision to hike interest rates or not.)