#NFPCryptoImpact

The U.S. Nonfarm Payrolls (NFP) report is a key economic indicator released monthly by the Bureau of Labor Statistics. It provides data on the number of jobs added or lost in non-agricultural sectors, reflecting the health of the labor market. The report excludes farm workers, private household employees, and nonprofit organization workers. Investors and economists monitor NFP closely as it impacts Federal Reserve monetary policy, influencing interest rates and the U.S. dollar. Strong job growth suggests economic expansion, while weak data may indicate a slowdown. Released on the first Friday of each month, it includes unemployment rates, average hourly earnings, and job market trends.