REIS Employment (EMPL)

FreightWaves Customer SuccessMacro Economic Indicators

What is it?

The Real Estate Investment Solutions (REIS) employment figures are a monthly estimate of employment across industries in the U.S. economy. The data is the number of employees, is seasonally adjusted and reported at the KMA level for the following industries

EMPLIND – employment in construction, manufacturing, transportation and utilities
EMPLOFF – employment in finance, insurance and real estate
EMPLTOT – Total employment

Who is interested?

Economists, employers, prospective employees, policymakers

What does it tell me?

The REIS data typically has a longer lag than the official employment statistics from the Bureau of Labor Statistics (SONAR: EMPS), and does not contain the level of industry granularity. However, it does give a geographic component to the employment data, allowing users to see where in the country certain types of jobs are rising.