Non-Farm Payrolls NFP
Definition
US monthly jobs report.
Non-Farm Payrolls (NFP) is the US monthly jobs report released by the Bureau of Labor Statistics, tracking changes in non-agricultural employment.
NFP matters as it's a key indicator of economic health, influencing interest rates and market sentiment. For instance, a higher-than-expected NFP could signal a strong economy, potentially leading to higher interest rates and a stronger USD.