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 important data from the United States which is the leading indicator of consumer spending which is highly linked to improved economic activity. Planning improves one’s performance. I always plan because I hate being random. The first NFP of 2024 is on the 5th of January. Below are the Non-Farm Payrolls 2024 dates. Should you wish to learn how to trade NFP, check my course HERE. I have published an episode on my podcast on why you shouldn’t ignore fundamentals. You can listen HERE. Thank you for stopping by, kindly share this post.