How Does Nonfarm Payrolls Affect Markets?
Jun 2, 2022
By The Small Exchange
Nonfarm Payrolls is a monthly measure conducted by the US Bureau of Labor Statistics that highlights how many jobs were created in the last month outside of the farming sector. This number is compared to a projection committed by financial analysts, and its relation to that expected value can cause the market to shift. Errol and Frank give examples of how a better-than-expected number might affect the stock market, and they talk about what a Nonfarm number that misses expectations might do.
Get ready for the next Nonfarm Payrolls number with this quick explainer with trade strategy around whether the actual number beats or misses expectations.
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