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Non-Farm Payrolls (NFP) Definition

Non-farm payrolls is a monthly U.S. economic report measuring the change in employment across most sectors, excluding farming.

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What is Non-Farm Payrolls?

NFP is one of the most closely watched economic indicators and can cause significant volatility in currency and equity markets.

Stronger-than-expected job growth can support a currency, while weaker figures can weigh on it.

Example of Non-Farm Payrolls

A report showing 250,000 new jobs added in a month, well above expectations, could strengthen the U.S. dollar.

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