Nonfarm payrolls
MacroDefinition
Monthly Bureau of Labor Statistics release on US employment. Reports total job change excluding farmworkers, government employees, private household employees, and non-profits. Released first Friday of each month for the prior month.
The single most-watched US economic data point. Markets routinely move 1-2% on the release. Subject to large revisions (sometimes >100K). Three-month moving average smooths the noise.
The single most-watched US economic data point. Markets routinely move 1-2% on the release. Subject to large revisions (sometimes >100K). Three-month moving average smooths the noise.
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