NFP (The non farm payroll) figure is a major economic index that measures the employment situation in the USA, which means the number of people on the payrolls of all non-agricultural businesses.
Non Farm Payroll is Published by the US Department of Labor – is a major economic indicator of the United States economy that impacts the US dollar, equities, gold, and many other Financial instruments. The NFP data is generally released on the first Friday of each month, at 8:30 am EST – cause large movements in the Financial market.
Non Farm Payroll (NFP) Dates 2021
|NFP MONTH||NFP DAY||NEW YORK TIME||NFP SCHEDULE|
|January 2021||8||8:30 AM||NFP for December 2020|
|February 2021||5||8:30 AM||NFP for January 2021|
|March 2021||5||8:30 AM||NFP for February 2021|
|April 2021||2||8:30 AM||NFP for March 2021|
|May 2021||7||8:30 AM||NFP for April 2021|
|Jun 2021||4||8:30 AM||NFP for May 2021|
|July 2021||2||8:30 AM||NFP for Jun 2021|
|August 2021||6||8:30 AM||NFP for July 2021|
|September 2021||3||8:30 AM||NFP for August 2021|
|October 2021||8||8:30 AM||NFP for September 2021|
|November 2021||5||8:30 AM||NFP for October 2021|
|December 2021||3||8:30 AM||NFP for November 2021|
NFP schedule 2021. Non-Farm Payroll Dates 2021 (NFP calendar). Time 8:30 am EST.
Non farm Payrolls measures the change in the number of people employed during the previous month, excluding the farming industry. Job creation is the foremost indicator of consumer spending, which accounts for the majority of economic activity.
A higher than expected reading should be taken as positive/bullish for the USD, while a lower than expected reading should be taken as negative/bearish for the USD.
Non-Farm Payrolls Definition
Non-farm payrolls are a monthly statistic representing how many people are employed in the US, in manufacturing, construction and goods companies. They can also be known as non-farms, or NFP.
NFP gets its name from the jobs that aren’t included: farm workers, and those employed in private households or non-profit organisations. The data is usually delivered on the first Friday of any given month, and can move several markets in a major way.
There are several other key pieces of data involved in the non-farms release, including the unemployment rate, detail on sectors, average hourly earnings and revisions of previous releases. These are all also important to the markets.
Various analysts release predictions for NFP figures in advance of the actual release, causing a great deal of speculation in the lead up to each report.