#NFPWatch

It seems like you're keeping an eye on the Non-Farm Payrolls (NFP) report. Let's break down what we've got ¹ ² ³:

- *NFP Report for June*: The US economy added 147,000 jobs in June, exceeding expectations of 110,000 jobs. This suggests the labor market remains resilient despite slower wage growth.

- *Unemployment Rate*: The unemployment rate likely rebounded to 4.3% in June, ending a three-month streak at 4.2%.

- *Average Hourly Earnings*: Wages grew 0.2% month-over-month and 3.7% year-over-year, slowing from 3.9% previously.

- *Market Impact*: The NFP report can significantly influence market sentiment and economic forecasts. A beat in expectations could lead to higher equities, higher yields, and a stronger USD, while a miss might result in profit-taking and range-bound price action.

Some key stats to watch include ⁴ ⁵:

- *July NFP Seasonal Trends*: July NFP typically averages around 250,000 jobs since 2010, but excluding outliers like 2020's COVID recovery, the average is just above 200,000.

- *Recent NFP Surprises*: Large surprises (+100K) in NFP releases have all happened since 2021, with the most recent being a +106K surprise in January 2024, which led to a 10bps increase in US 10Y yields.

If you're interested in tracking NFP news and analysis, you can check out sources like Finnhub or TradingKey for the latest updates. NFPrompt (NFP) is also a cryptocurrency token trading on Binance with a current price of $0.06 ⁶.