📊 What is Non-Farm Payrolls (NFP), and How Can Traders Use It?
The Non-Farm Payrolls (NFP) report is one of the most critical economic indicators for traders worldwide. Released monthly by the U.S. Bureau of Labor Statistics, it measures the change in the number of jobs in the U.S. economy, excluding:
Agricultural workers
Government employees
Private household workers
Non-profit organization employees
These exclusions help provide a clearer picture of the U.S. labor market's strength.