What Is Non-Farm Payrolls?
Non-Farm Payrolls (NFP) also known as Employment Change is all about the change in the number of employed people during the previous month. These stats exclude the farming industry hence it is called Non-Farm Payrolls. The stats are usually released every first Friday of the month, after the month ends .
Why Do We (traders) Care About NFP?
NFP is an important data from the United States which is the leading indicator of consumer spending which is highly linked to the improved economic activity. Planning improves one’s performance. I always plan ahead because I hate being random. Below is our Non-Farm Payrolls 2022 dates.