What does non farm payrolls mean? What is the non farm payrolls data?

Non-farm payrolls, which can reflect the development and growth of the manufacturing and service industries, and a decrease in the number indicates that companies have reduced production and the economy has entered a depression. When the social economy is faster, consumption will naturally increase, and the number of jobs in the consumer and service industries will also increase. When there is a large increase in non-farm payrolls, it indicates a healthy economic situation that should theoretically be favorable to the exchange rate and may herald higher interest rates, while potentially high interest rates prompt the foreign exchange market to push the value of the country's currency more, and vice versa.

Therefore, this data is an important indicator for observing the degree and state of socio-economic and financial development. Non-farm payrolls are an item in the employment report that focuses on changes in jobs other than agricultural production.

The employment report, which includes employment-related information, is produced by two separate surveys, the business survey and the household survey. Among them, the Business Survey provides information on employment in the non-agricultural sector, average hourly work and gross hourly index; Household surveys provide information on the labour force, household employment and unemployment rates. The employment report is often hailed as the crown jewel of all the economic indicators that the foreign exchange market can react to, it is the most sensitive monthly economic indicator of the market, and investors usually see a lot of market-sensitive information from it, with the foreign exchange market paying special attention to the seasonally adjusted monthly non-farm payrolls change.

The U.S. non-farm payrolls data is one of the key economic data in the foreign exchange market every month, and the release of this data may become a turning point in determining the direction of the foreign exchange market, and may also bring fierce volatility to the foreign exchange market, causing the market to be more ambiguous about the direction of the foreign exchange rate.

It is the non-agricultural population, or to put it more colloquially, that is, those who do not work in the fields, but those who work in the city. In fact, the non-farm payrolls data we talk about on weekdays generally refer to the three values of the U.S. non-farm payrolls, non-farm payrolls and the unemployment rate.

Released by the U.S. Department of Labor once a month, generally on the first Friday of each month at 8:30 p.m. or 9:30 p.m. Beijing time, reflecting the trend of the U.S. economy.

Non-farm payrolls refer to the three values of non-farm payrolls, employment rate and unemployment rate. It is divided into the previous value, the expected value, and the published value. As the name suggests, it is a data indicator that reflects the employment status of the non-agricultural population in the United States.

Wednesdays and Fridays often make big news, and international financial markets erupt as soon as this news appears. So what is it? It is the non-farm data for the United States, referred to as non-farm.

Non-agricultural data affects many markets such as exchange rates, **, and ***, and its emergence often leads to large fluctuations in these three markets. On the surface, the non-farm payrolls are the two data of the non-farm employment rate and the unemployment rate, but the policies formulated by AP deposits are mostly based on these two data, so many funds have been operated accordingly as the first target of the policy.

The better the NFP data, the easier it is to drive the US dollar interest rate** and attract overseas investors, and vice versa.

A higher value for the NFP means that the US economy is better, the dollar is stronger, and gold and silver are weaker, and vice versa.

If the non-farm payrolls data is better than expected, the dollar in the US economy will rise and fall, and vice versa.

The most important in the non-farm payrolls data are the employment rate, which reflects the state of a country's economy and can be said to be the backbone of a country's economic growth. When a country's employment rate falls, investors worry about the country's economic development and begin to ** the currency, which is missing a currency against the currencies of other countries. The latter is also an important indicator of a country's economic development, so these two data reflect the expectations of the economy.

In general, after the release of the non-farm payrolls data, many federal deposits** spoke to this data. Due to the importance of the US dollar in the world, every time the data is made public, it causes vibrations in the market.