- by Alexander Jakins
(NFP) - Nonfarm payroll, is a monthly report generated and reported by the U.S. Bureau of Labor Statistics intended to represent the total number of paid U.S. workers of any business. Despite the name nonfarm payroll, the report excludes workers from general government jobs, private household jobs, employees of nonprofit organizations and farm employees.
The report is considered to be the month’s most important economic data that is coming out of the USA. The report usually brings big impacts to the markets, especially the Forex, Stocks and commodities markets.