Definitions for nonfarm payrolls
non·farm pay·rolls

WikipediaRate this definition:0.0 / 0 votes

1. Nonfarm payrolls

   Nonfarm payroll employment is a compiled name for goods, construction and manufacturing companies in the US. It does not include farm workers, private household employees, or non-profit organization employees. It is an influential statistic and economic indicator released monthly by the United States Department of Labor as part of a comprehensive report on the state of the labor market. The financial assets most affected by the nonfarm payroll (NFP) data include the US dollar, equities and gold. The markets react very quickly and most of the time in a very volatile fashion around the time the NFP data is released. The short-term market moves indicate that there is a very strong correlation between the NFP data and the strength of the US dollar. Historical price movement data shows a small negative correlation between the NFP data and the US dollar Index. The Bureau of Labor Statistics releases preliminary data on the third Friday after the conclusion of the reference week, i.e., the week which includes the 12th of the month, at 8:30 a.m. Eastern Time; typically this date occurs on the first Friday of the month. Nonfarm payroll is included in the monthly Employment Situation or informally the jobs report and affects the US dollar, the Foreign exchange market, the bond market, and the stock market. The figure released is the change in nonfarm payrolls (NFP), compared to the previous month, and is usually between +10,000 and +250,000 during non-recessional times. That number is meant to represent the number of jobs added or lost in the economy over the last month, not including jobs relating to the farming industry.

How to pronounce nonfarm payrolls?

1. Alex

   US English

   David

   US English

   Mark

   US English

   Daniel

   British

   Libby

   British

   Mia

   British

   Karen

   Australian

   Hayley

   Australian

   Natasha

   Australian

   Veena

   Indian

   Priya

   Indian

   Neerja

   Indian

   Zira

   US English

   Oliver

   British

   Wendy

   British

   Fred

   US English

   Tessa

   South African

How to say nonfarm payrolls in sign language?

Numerology

1. Chaldean Numerology

   The numerical value of nonfarm payrolls in Chaldean Numerology is: 6

2. Pythagorean Numerology

   The numerical value of nonfarm payrolls in Pythagorean Numerology is: 1

Examples of nonfarm payrolls in a Sentence

1. Kyle Rodda:

   But given Friday’s nonfarm payrolls numbers, things are still really, really optimistic, and I think you’ll start to see that come through again as the week unfolds, conditions are right for equities to continue to push higher right across the globe.

2. Phillip Futures:

   If prices hold above these levels, there is a chance that prices could move higher this week, which should hinge on optimistic nonfarm payrolls.

3. Ric Spooner:

   And I think if we did see a very strong number in the nonfarm payrolls this week, it would certainly give them an opportunity ... to make their move in September.

4. Phillip Futures:

   U.S. nonfarm payrolls turned out weaker than expected causing oil prices to fall on anticipations of a weaker economy.

5. Brennan Higgins:

   The outcome of the meeting looks bearish – especially in the context of today's nonfarm payrolls report, which gives the Fed the green light to embark on its much-anticipated tightening cycle at this month's meeting, history suggests a stronger dollar amid rising interest rates will not be kind to the oil price.

References

1. ^ Wikipedia
   https://en.wikipedia.org/wiki/Nonfarm_Payrolls