Non-Farm Payrolls (NFP) is a key economic indicator in the United States that measures the change in the number of employed people during the previous month, excluding the farming industry, government employees, private household employees, and non-profit organization workers. It is crucial for assessing the health of the U.S. economy, as it provides insights into job growth and economic momentum. Financial markets closely watch the NFP report because it influences Federal Reserve policy decisions, impacts interest rates, and can lead to significant volatility in stock, bond, and currency markets. The report is typically released on the first Friday of each month by the Bureau of Labor Statistics.
Non-Farm Payrolls (NFP) is a key economic indicator in the United States that measures the change in the number of employed people during the previous month, excluding the farming industry, government employees, private household employees, and non-profit organization workers. It is crucial for a...