At 8:30 tonight, the non-agricultural data will be announced. Dear friends, the first Friday of this month has arrived as scheduled, bringing the highly anticipated non-agricultural employment report.
Perhaps some people are unfamiliar with the word "non-agricultural". In fact, it refers to the employment statistics of the United States excluding the agricultural sector. This data will be released on time on the first Friday night of each month. It covers a wide range and can fully reflect many aspects such as the economic labor force situation in the United States.
It is worth mentioning that there is also a special section in the non-agricultural report that focuses on wage growth. Given that 70% of the US GDP relies on consumption, the importance of wage growth in analyzing future consumption capacity is self-evident. Therefore, non-agricultural data has a very high reference value for our trading decisions.
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