Kiplinger's Economic Calendar for This Week (June 2-6)
This week's economic calendar features remarks from Federal Reserve Chair Jerome Powell and the nonfarm payrolls report for May.


We're back to a regular calendar on Wall Street, and the first week of June means Jobs Friday.
The market responded well to Nvidia earnings last week, and though there's nothing as moving on the calendar this week, we will hear from Federal Reserve Chair Jerome Powell on Monday afternoon.
And the Bureau of Labor Statistics will provide data on the employment situation for May on Friday morning.

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Monday, June 2: Fed Chair Jerome Powell speaks: Powell will deliver opening remarks at the Federal Reserve Board's International Finance Division 75th Anniversary Conference at 1 pm ET.
Thursday, June 5: Weekly jobless claims: Continuing claims for unemployment insurance are the main focus as investors, traders and speculators continue to look for evidence of tariff impacts.
Friday, June 6: Nonfarm payrolls report: Analysts expect hiring, wage, unemployment and participation data for May to reflect a resilient jobs market.
Read on to see the entire weekly economic calendar of the most important upcoming economic reports scheduled to be released in the next several days. At times, we provide expanded previews and recaps for select reports.
Please check back often. This economic calendar is updated regularly.
Bolded reports are those considered more noteworthy. All reporting times are in Eastern Time.
Economic calendar highlights
Monday (6/2)
Powell talks after White House talk
The May Fed meeting was a key event on the economic calendar as market participants were anxious to see what the central bank might do amid the Trump administration's aggressive tariff policies.
The answer to that question was a hold, with Fed Chair Jerome Powell noting in his subsequent press conference that the U.S. economy remains strong enough to allow the central bank to be patient with monetary policy.
And the release of the minutes from the Federal Reserve's May meeting echoed underscored this wait-and-see approach.
"Participants agreed that uncertainty about the economic outlook had increased further, making it appropriate to take a cautious approach until the net economic effects of the array of changes to government policies become clearer," the minutes stated.
And while Fed officials agreed that labor market conditions and the economy were in "solid" shape, inflation remains "somewhat elevated."
But the administration's tariffs, which were "significantly larger and broader" than the central bankers anticipated, created "unusually elevated" uncertainty to their economic outlooks.
According to CME Group's FedWatch, futures traders are not pricing in another quarter-point rate cut until the central bank's September meeting.
Economic report | Period | Time released |
S&P Global Final U.S. Manufacturing PMI | May | 9:45 am |
ISM Manufacturing PMI | May | 10 am |
Construction spending | April | 10 am |
Dallas Fed President Lorie Logan speaks | N/A | 10:15 am |
Chicago Fed President Austan Goolsbee speaks | N/A | 12:45 pm |
Fed Chair Jerome Powell speaks | N/A | 1 pm |
Tuesday (6/3)
Economic report | Period | Time released |
Factory orders | April | 10 am |
Job Openings and Labor Turnover Survey (JOLTS) | April | 10 am |
Chicago Fed President Austan Goolsbee speaks | N/A | 12:45 pm |
Dallas Fed President Lorie Logan speaks | N/A | 3:30 pm |
Wednesday (6/4)
Economic report | Period | Time released |
ADP National Employment Report | May | 8:15 am |
Atlanta Fed President Raphael Bostic speaks | N/A | 8:30 am |
Fed Governor Lisa Cook speaks | N/A | 8:30 am |
S&P Global Final U.S. Services PMI | May | 9:45 am |
ISM Services PMI | May | 10 am |
Beige Book | N/A | 2 pm |
Thursday (6/5)
Continuing claims are rising
It is only a prelude this week, but investors, traders, speculators, money managers and otherwise interested people have been paying close attention to the Labor Department's initial unemployment claims data since "Liberation Day" with an eye on spotting the impact of tariffs on the jobs.
The headline number is considered "noisy" and not supportive of a real signal. The four-week moving average is a little more robust – and it's actually trending lower.
What has Callie Cox's attention right now are continuing claims for unemployment insurance.
"Tariff headlines aside," writes Cox, the chief market strategist at Ritholtz Wealth Management, "the job market's cracks are growing, with continuing jobless claims steadily creeping higher. The job market isn't broken (yet), but it is vulnerable.
"Vulnerability is a tough spot to be in with snip-snap policy and left-field threats."
Initial claims increased to 240,000 from 226,000 during the week ending May 24. The four-week moving average was down by 250 to 230,750, and the previous week's average was revised lower by 500 to 231,000.
Continuing claims, which lag new filings by a week, rose to 1.92 million from 1.89 million.
We'll get data for the week ending May 31 on Thursday at 8:30 am.
Economic report | Period | Time released |
Weekly jobless claims | Week ending May 31 | 8:30 am |
Productivity | Q1 | 8:30 am |
Trade balance | April | 8:30 am |
Fed Governor Adriana Kugler speaks | N/A | 12 pm |
Philadelphia Fed President Patrick Harker speaks | N/A | 1:30 pm |
Friday (6/6)
It's Jobs Friday
It's Jobs Friday. And another highly anticipated one it is, given the specific uncertainty about how President Donald Trump's tariffs would impact on-the-ground economic activity.
The Bureau of Labor Statistics is scheduled to release its Employment Situation Summary for May, also known as the jobs report or the nonfarm payrolls report, on Friday at 8:30 am.
"We estimate that nonfarm payroll employment increased 150,000 in May," writes Barclays analyst Jonathan Millar. A Wall Street consensus sees a gain of 130,000. Both figures are lower than the "surprising" 177,000 new jobs in April.
Millar forecasts hourly earnings will rise by 0.2% month over month from April, consistent with the February-to-April average, and average hours worked was steady at 34.3.
The Barclays analyst expects the unemployment rate to hold at 4.2% for the third consecutive month and the labor force participation rate to remain steady at 62.5%.
"We continue to think that the direction of travel for unemployment will be sideways over the medium term," Millar concludes.
Economic report | Period | Time released |
Nonfarm payrolls report | May | 8:30 am |
Consumer credit | April | 3 pm |
Reporting schedules are provided Forex Factory and MarketWatch.
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With over a decade of experience writing about the stock market, Karee Venema is the senior investing editor at Kiplinger.com. She joined the publication in April 2021 after 10 years of working as an investing writer and columnist at a local investment research firm. In her previous role, Karee focused primarily on options trading, as well as technical, fundamental and sentiment analysis.
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