Nonfarm Payroll (NFP)

RECENT NEWS
Reuters  Jul 6  Comment 
The dollar hit three-week lows on Friday after data showed the U.S. economy created more jobs than expected in June, but a closely watched inflation gauge - wage growth - rose less than forecast and the unemployment rate increased.
Forex News  Jun 1  Comment 
The US dollar rallied against most major peers today after employment data showed better-than-expected readings for all major indicators. The Great Britain pound managed to outperform the greenback, though, thanks to the positive report...
Benzinga  Jun 1  Comment 
This article originally appeared on FXStreet. US President Donald Trump tweeted an optimistic tweet ahead of the NFP. The tweet triggered a mini "buy the rumor, sell the fact." The USD remains supported, and any possible doubts...
MarketWatch  Jun 1  Comment 
The U.S. created 223,000 new jobs in May, another strong gain that knocked the unemployment rate down to an 18-year low of 3.8%. Economists polled by MarketWatch had expected a gain of 200,000 nonfarm jobs. The average hourly wage paid to American...




 

This article is about Non-Farm Payrolls. For the article on the company with ticker NFP, see National Financial Partners (NFP).

Non-Farm Payrolls refers to monthly employment survey data released by the U.S. Department of Labor Statistics at 8:30 a.m. EST on the first Friday of every month. The report estimates the total number of paid workers in the US, excluding those working in:

  • The government
  • Private household employees
  • Non-profit organizations
  • On farms.

Together, "nonfarm" employees produce about 80% of U.S. GDP.

Increases or decreases in nonfarm payroll data are used as an indicator of U.S. economic health, as the report shows whether U.S. businesses are adding or shedding jobs.

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