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The Non-Farm Payroll Report (NFP)

The Non-Farm Payroll Report (NFP)

The Non-Farm payroll report (NFP), is an economic indicator which is released on monthly basis (on the first Friday of every month) by the United States Department of Labor. The report provides data from the previous month and contains information on the unemployment rate, job growth and payrolls.

Traders monitor different economic variables to identify market trends in economic growth. Thus, the most important statistic analyzed from this report is the total number of paid workers in the United States. The information is collected from every business in the country excluding: farm employees, private household employees, general government workers and nonprofit organization employees who provide assistance to individuals.

The NFP affects currencies (mainly the USD The USD The USD is the official currency of the United States of America. It is the largest reserve currency... More is the official currency of the United States of America. It is the largest reserve currency... More and correlating pairs), commodities (mainly GOLD), Indices & stocks. Traders take the information which is indicated in the report and compare it to prior expectations; the difference between the two will determine the overall impact on the market. If the estimations are higher than the actual statistics, investors historically sold the USD as they will anticipate the currency to weaken. If the actual data will exceed expectations traders historically bought as they will anticipate a stronger currency. Bear A term used that indicates a market or a person believes an asset class will decline because of a la... More in mind that there is an exception, if the NFP will indicate a rapid increase; it may result in an increase in inflation In economics the term inflation In economics the term inflation In economics the term inflation refers to price values that are rising on a regular basis in which t... More refers to price values that are rising on a regular basis in which t... More refers to price values that are rising on a regular basis in which t... More .

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