This is one of the biggest indicators you will come across when you study fundamental analysis because it does so well at describing not just the state of the US economy but also how the other big economic indicators will turn out later in the month such as CPI, PPI, GDP, and even Housing. In another section I’ll discuss trading this announcement, but for the purposes of this lesson I just want to translate what it is, how its developed, and what it means.
Non-Farm Payrolls gets released the first Friday of every month by the Bureau of Labor Statistics (BLS) of the US department of Labor. It is a compilation of a series of surveys conducted by the BLS which
Continue reading–>NFP – Non-Farm Payrolls
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