#NFPCryptoImpact #NFPCryptoImpact What is Nonfarm Payrolls (NFP)?

• Definition: The NFP is a monthly report from the U.S. Bureau of Labor Statistics that shows how many jobs were added or lost in nonfarm sectors (excluding agriculture and government employment).

• Purpose: The report provides detailed information about the U.S. labor market and the overall state of the economy.

Key Features:

• Data Coverage: Employment data in sectors such as manufacturing, healthcare, retail, and finance. The report also shows average hours worked, hourly wages, and the unemployment rate.