What the event is about:
Non-Farm Payrolls (NFP) is a monthly U.S. economic report that reflects the change in the number of employed people excluding the agricultural sector.
Periodicity and history:
The report has been published monthly since 1939, on the first Friday of each month, so it is not annual but monthly.
Market impact:
NFP has a strong influence on currency, stock, and commodity markets, as it is considered a key indicator of the economic situation and affects the Federal Reserve’s interest rate decisions.
Localization and participation:
No physical attendance is required — the report is published publicly on the U.S. Bureau of Labor Statistics (BLS) website and widely covered by the media.
Who should keep it in mind:
Forex, stock, and commodity traders, as well as investors and economists, since the report can cause sharp volatility and shift market trends.