Here we go again, nonfarm payroll employment increased by 206,000 in June, similar to the average monthly gain of 220,000 over the prior 12 months. In June, job gains occurred in government, health care, social assistance, and construction. Government employment rose by 70,000 in June, higher than the average monthly gain of 49,000 over the prior 12 months. Over the month, employment increased in local government, excluding education (+34,000) and in state government (+26,000)
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The highly anticipated Non-Farm Payroll (NFP) report is releasing soon - get ready for potential market-moving insights! 📊 Will the U.S. labor market surprise us this time? Stay tuned and be prepared to seize the opportunities. #zarvistacapitalmarkets #onlinetrading #forexbroker #forex #forextrading #tradingplatform #nfp
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Despite the recent Non-Farm Payroll (NFP) reports being lauded as "strong" and "solid," a critical underlying metric tells a different story. The Implied Hiring Rate has actually plummeted in the last two NFP reports, exposing a glaring disconnect between surface-level praise and deeper labor market dynamics. Is this time different?
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The Non-Farm Payroll (NFP) forecast for June 2024 is 189K, a significant decrease from the previous month's figure of 272K. This data highlights the most critical economic indicator to monitor for insights into employment trends and economic health. Non-Farm Payroll (NFP) measures the number of jobs added or lost in the U.S. economy over the previous month, excluding farm workers, government employees, private household employees, and non-profit organization employees. It is a key indicator of economic activity and labor market health, influencing monetary policy decisions and financial markets. Let's see the actual figures, Stay tuned and be cautious! #NFP
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Numbers Don’t Lie Non-Farm Payroll Total nonfarm payroll employment increased by 142,000 in August, and the unemployment rate changed little at 4.2 percent, the U.S. Bureau of Labor Statistics reported today. Job gains occurred in construction and health care. The change in total nonfarm payroll employment for June was revised down by 61,000, from +179,000 to +118,000, and the change for July was revised down by 25,000, from +114,000 to +89,000. With these revisions, employment in June and July combined is 86,000 lower than previously reported. (Monthly revisions result from additional reports received from businesses and government agencies since the last published estimates and from the recalculation of seasonal factors.) #nonfarmpayroll www.bus13.ai
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📊 It’s NFP day! The Non-Farm Payroll report is here, and markets are watching closely. How are you preparing? 📈 #NFP #NonFarmPayroll #MarketNews #PropTrading #MyPowerFunds
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