NFP Report (Non-Farm Payroll)

The NFP (Non-Farm Payroll) report is issued once a month, on the first Friday of the month, by the U.S. Bureau of Labor Statistics. It indicates the number US employees in any business across the United States not including the agricultural, governmental and private household sectors. The NFP report specifies which sector added more employees compared to others. Information about average hourly earnings and wage increase is also conveyed. Data are organized according to sector, e.g. , mining, construction, manufacturing, retail trade, financial, health care , etc.

The importance of the NFP

The NFP report provides a reliable indication of the overall functioning of the American labor market. As such it has a strong impact on the value of the dollar and the stock market. Taking into account that around 80% of the United State's GDP is produced by the workers covered by the report, it can clearly be understood why it is so important as an overall indicator of the well-being of the U.S. economy