Leo Kung

The US Non-Farm Payroll (NFP) report is a key economic indicator published monthly by the U.S. Bureau of Labor Statistics. It shows the change in non-farm employment, meaning the increase or decrease in the number of workers across various economic sectors, excluding agriculture, household employees, non-profit organizations, and active military personnel (EBC Financial Group). The NFP figure is considered one of the most closely watched economic indicators globally because it reflects the health of the U.S. labor market and the overall economic growth or slowdown (EBC Financial Group). If the number of jobs created exceeds expectations, it indicates economic expansion and increased demand for labor, which often leads to a stronger dollar and may influence the Federal Reserve's (Fed) interest rate decisions (VT Markets). Conversely, if the figure is lower than analysts' expectations, it may indicate an economic slowdown. The unemployment rate and average wage growth are also considered in analyzing the overall economic condition (EBC Financial Group). Because it is a monthly release and impacts financial markets, including stocks, money markets, and exchange rates, the NFP index is closely watched by investors and economists. And policymakers worldwide (EBC Financial Group). #USNonFarmPayrollReport #WriteToEarnUpgrade $BTC $