#NFPCryptoImpact

What you need to know about NFP

NFP (nonfarm payroll) is a monthly statistic that measures the number of jobs created in the US. It's a key indicator of the US economy and is closely monitored by investors and traders.

NFP include number of jobs added in manufacturing, construction, and goods companies, Average hourly earning and Unemployment rate.

NFP is usually released on the first Friday of the month. During the first week of the month, traders and investors usually will anticipate NFP results as market will usually move in significant volume.

NFP important as it used to assess the strength of the US economy and the job market. NFP can signal whether the Federal Reserve will change interest rates NFP can help investors decide if the US stock market will move