{"slug":"macro-picture-entering-h2-2026","qid":"labor","label":"The labor market, monthly: unemployment, participation, average hourly earnings, with ingest receipts","post_title":"Macro Picture Entering H2 2026, With Receipts","post_url":"/blog/macro-picture-entering-h2-2026#q-labor","columns":["period_start","unemployment_rate","participation_pct","avg_hourly_earnings","arrived_here"],"rows":[{"period_start":"2026-01-01","unemployment_rate":4.3,"participation_pct":62.1,"avg_hourly_earnings":37.17,"arrived_here":"2026-03-16"},{"period_start":"2026-02-01","unemployment_rate":4.4,"participation_pct":62,"avg_hourly_earnings":37.32,"arrived_here":"2026-03-16"},{"period_start":"2026-03-01","unemployment_rate":4.3,"participation_pct":61.9,"avg_hourly_earnings":37.38,"arrived_here":"2026-04-03"},{"period_start":"2026-04-01","unemployment_rate":4.3,"participation_pct":61.8,"avg_hourly_earnings":37.41,"arrived_here":"2026-05-08"},{"period_start":"2026-05-01","unemployment_rate":4.3,"participation_pct":61.8,"avg_hourly_earnings":37.53,"arrived_here":"2026-06-10"},{"period_start":"2026-06-01","unemployment_rate":4.2,"participation_pct":61.5,"avg_hourly_earnings":37.64,"arrived_here":"2026-07-02"}],"shape":"table","sql":"SELECT toString(date) AS period_start,\n    unemployment_rate,\n    labor_force_participation_rate AS participation_pct,\n    round(avg_hourly_earnings, 2) AS avg_hourly_earnings,\n    toString(toDate(_ingest_time)) AS arrived_here\nFROM global_markets.labor_market\nWHERE date >= toDate('2026-01-01') AND date <= toDate('2026-06-30')\nORDER BY date","computed_at":"2026-08-11T14:23:39.389853+00:00","elapsed":0.001559711}