Economic event · Employment

Non-Farm Payrolls

The headline figure of the US Employment Situation report: the monthly change in the number of people employed outside farming, private households and non-profit organisations.

Around a release

Spreads may widen, prices may gap and an order may be filled at a different price from the one requested. Order anatomy

The release

How it is measured.

Compiled by the Bureau of Labor Statistics from a survey of employers. The same report carries the unemployment rate and average hourly earnings, which come from a separate household survey and the payroll survey respectively.

Why markets watch it.

Employment is half of the Federal Reserve’s mandate. The report is one of the most closely watched scheduled releases, and trading conditions around it can change quickly: spreads may widen and prices may gap.

An explanation of why the release is followed, not a view on what any market will do when it is published. Educational information, not investment advice or a recommendation to trade.

Commonly monitored alongside it

Currencies and instruments that market participants commonly follow around this release. Listed for context; inclusion says nothing about direction.

Primary sources

Who publishes it.

The figures, the methodology and the release schedule are on the publisher’s own website. That is the only place this page sends you for a date.

Publishers of the Non-Farm Payrolls, by area, with links to the primary source
Area	Publisher	Primary source
United States	Bureau of Labor Statistics	bls.gov (opens in a new tab)

Cadence: Monthly, usually the first Friday
Dates: Not shown on this page: GIO4X keeps no economic calendar of its own. TradingView’s calendar · All publishers’ pages

Connected

Read it in context.

Related concepts and releases

Central banks it is read against

Federal ReserveTarget range for the federal funds rate. Washington, D.C.

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