UmerFaraz

📊 What Are Nonfarm Payrolls and Why They Matter? Nonfarm Payrolls (NFP) is a report that measures the number of workers employed in the U.S. economy, excluding farm workers, self-employed individuals, volunteers, private household employees, nonprofit workers, and active military personnel. Each month, the U.S. Bureau of Labor Statistics (BLS) surveys businesses and government entities to estimate how many jobs were added or lost in the economy. These figures are released in the Employment Situation Report, and the major report watched closely by investors, policymakers, and economists. Because NFP covers about 80% of U.S. jobs and productivity, it’s widely used to gauge the health of the labor market and overall economy. Strong job growth typically signals economic expansion, while weak numbers may point to slower growth or recessionary pressures. The report also influences financial markets and especially the U.S. dollar, stocks, and bonds, because it helps shape expectations about economic trends and interest rate decisions. $BTC #USNonFarmPayrollReport $ETH BNB 857.33 +2.18% ETH 2,986.76 +2.01% BTC