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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.
The US government’s monthly jobs report provides crucial information about the health of the labor market by tallying “nonfarm payrolls.” Why are the farmers excluded?
Economic calendar: Nonfarm payrolls, January (+150,000 expected, +256,000 previously); Unemployment rate, January (4.1% expected, 4.1% previously); Average hourly earnings, month-over-month ...
Nonfarm payrolls increased by 256,000 jobs last month after rising by a downwardly revised 212,000 in November, the Labor Department said on Friday. "At this point in the cycle, earnings will need ...
The sample establishments are drawn from private non-farm businesses such as factories, offices, and stores, as well as federal, state, and local government entities. Employees on non-farm payrolls are those who received pay for any part of the reference pay period (which includes the 12th of the month), including persons on paid leave.
The Labor Department published its monthly jobs report for January at 8:30 a.m. ET on Friday. Here are the highlights, compared to Wall Street estimates. ... Non-farm payrolls: +517,000 vs ...