Non-Farm Payrolls (NFP)
What it is
Non-Farm Payrolls measures the net change in the number of employed people in the United States during the previous month, excluding the farming sector, government varies. It is released monthly by the Bureau of Labor Statistics as part of the Employment Situation report.
Why it moves the market
It is the single most-watched US data release because it drives the Federal Reserve's view of the labour market and, by extension, interest-rate expectations.
Next release
GBP · Tuesday, July 21 · 06:00
Recent releases
| Time | Cur | Actual | Forecast | Previous |
|---|---|---|---|---|
| Jul 2, 2026 | USD | 8K | – | 32K |
| Jul 2, 2026 | USD | 49K | 110K | 97K |
| Jul 2, 2026 | USD | 57K | 110K | 129K |
| Jul 2, 2026 | USD | 3K | 3K | -2K |
FAQ
What is Non-Farm Payrolls (NFP)?
Non-Farm Payrolls measures the net change in the number of employed people in the United States during the previous month, excluding the farming sector, government varies. It is released monthly by the Bureau of Labor Statistics as part of the Employment Situation report.
Why does Non-Farm Payrolls (NFP) move the market?
It is the single most-watched US data release because it drives the Federal Reserve's view of the labour market and, by extension, interest-rate expectations.
Which currency pairs does Non-Farm Payrolls (NFP) affect most?
It most affects EUR/USD, GBP/USD, USD/JPY, AUD/USD, USD/CAD.