#NFPCryptoImpact Non-Farm Payroll (NFP) is a key economic indicator in the United States that measures the change in the number of people employed in all sectors of the economy, excluding:
• Farms
• Government jobs
• Private households
• Non-profit organizations
The NFP report, released monthly by the U.S. Bureau of Labor Statistics, provides insight into employment trends, wage growth, and overall economic health.
It’s closely watched by economists, policymakers, and financial markets, as it can influence monetary policy decisions, like interest rate adjustments by the Federal Reserve. Significant deviations from expectations in the NFP data can lead to market volatility, particularly in the stock, bond, and forex markets.