NonFarm Payroll

This is a primary economic indicator followed by traders. Non-Farm Payroll (NFP) measures the change in the number of employed people during a month, excluding:

  • Government employees
  • Private household employees
  • Employees of non-profit organizations that provide assistance to individuals
  • Farming sector

A report is released monthly; usually in the first Friday of the month at 8.30am Eastern Time by the United States Department of Labor / Bureau of Labor Statistics.

Non-farm payroll is included in the monthly Economic Situation report (or Jobs Report) and affects not only Foreign exchange but also the bond market and the stock market. It is used by policy makers since job creation plays an important role in consumer spending.

The Economic Situation report also includes estimates on the average work week and the average weekly earnings of all non-farm workers.


To read the latest Economic Situation Report, please go to:
http://www.bls.gov/news.release/pdf/empsit.pdf