Investment Dictionary:

Non-Farm Payroll

A statistic researched, recorded and reported by the U.S. Bureau of Labor Statistics intended to represent the total number of paid U.S. workers of any business, excluding the following employees:

- general government employees
- private household employees
- employees of nonprofit organizations that provide assistance to individuals
- farm employees

This monthly report also includes estimates on the average work week and the average weekly earnings of all non-farm employees.

Investopedia Says:
The total non-farm payroll accounts for approximately 80% of the workers who produce the entire gross domestic product of the United States. The non-farm payroll statistic is reported monthly, on the first Friday of the month, and is used to assist government policy makers and economists determine the current state of the economy and predict future levels of economic activity.

Related Links:
When economic data comes out, it can have a marked impact on the currency market. Find out how to profit. Trading On News Releases
Learn to put the CB data sets to trading use. Each chapter takes you through one of the board's benchmark indicators or surveys, their significance and their applications. A Guide To Conference Board Indicators
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It's the one key to any market economy, so investors need to learn the measures and how to analyze them. Consumer Confidence: A Killer Statistic


 
 
 

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