Not Farm Payrolls

The market mover Non Farm Payrolls measures the change in the number of people who found work during the previous month, excluding farm workers and state workers.

Reports on job creation are a leading indicator of consumer spending power, which has implications for the whole economic set-up of a country. If the number of people employed is greater than expected, it means that the economy is tending towards a favorable situation and, therefore, it is possible that an appreciation of the reference currency will follow.

Typically, the market mover with this most famous name is the one related to the United States; in particular in the USA the NFP index is released monthly by two institutes: Automatic Data Processing Inc. (Non Farm Payrolls ADP) and the Buerau of Labor Statistic.

Finally, the same type of data is released at different intervals for other countries as well.

See also:

Not Farm Payrolls, ultimi articoli su Money.it International

U.S. job gains surge in March 2024

James Hydzik

5 April 2024 - 16:37

U.S. job gains surge in March 2024

The U.S. job market heated up with 303,000 jobs gained in March, as opposed to an average of 231,000 per month over the preceding 12 months.