#USNonFarmPayrollReport ):

📊 What Non-Farm Payrolls (NFP) Are

Non-Farm Payrolls measure the change in the total number of paid workers in the U.S. economy from month to month — excluding:

Farm workers

Private household employees

Non-profit organization workers

Some government jobs

It’s one of the most important monthly economic indicators in the U.S. because it shows job growth, labor market strength, and consumer spending potential. Market traders and economists watch it closely for signs of economic health and inflation pressure.

The report also includes:

The unemployment rate

Average hourly earnings

Job growth by sector

Revisions to previous months’ figures

🗓 Latest Report (Dec 16, 2025 — covering October & November)

Due to a 43-day U.S. federal government shutdown, normal release schedules were disrupted:

📅 The Bureau of Labor Statistics (BLS) released data for October and November 2025 together on Tuesday, Dec 16, 2025 at 8:30 a.m. ET instead of the usual first Friday.

📌 Key Figures from the Report

November 2025 NFP: +64,000 jobs added — higher than economists expected (~50,000).

October 2025 NFP: −105,000 jobs lost — a big decline mainly due to cuts in federal government jobs.

Unemployment Rate: 4.6% — highest since 2021 and a sign of weakening labor conditions.

Wage growth: slowed (e.g., average hourly earnings weaker).

Overall, while November showed modest job growth, the combined picture remains weak, and employment gains have been slow.

📉 Why It Matters

📌 For the Economy

Strong jobs growth → indicates expanding economy and potentially higher consumer spending.

Weak jobs growth → signals slowing demand and economic cooling.

The unemployment rate rising to 4.6% reflects softening employment even when jobs were added.

📌 For Financial Markets