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MoM Change in Non-Farm Payrolls in the US

Country:
USDUnited States
Importance:
★★★
Data Trends
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DateValue
ForecastActualDeviation
Market Impact of Economic Indicator Releases
To understand the market impact of economic indicator releases, this metric represents the relative price change over a specific period following the release.
Formula: (Close price N minutes after the release - Open price at the time of the release) / Open price at the time of the release
DateRelated Instruments Price Volatility
1 min later5 min later10 min later15 min later30 min later
About MoM Change in Non-Farm Payrolls in the US

The month-over-month change in nonfarm payroll employment indicates how much the number of employees in the U.S. nonfarm sector has increased or decreased compared to the previous month. This data is released monthly by the Bureau of Labor Statistics (BLS) of the U.S. Department of Labor and is crucial for assessing the health of the job market.

The month-over-month data helps to understand short-term fluctuations in employment. An increase in the number of employees suggests a robust labor market and economic expansion. Conversely, a decrease indicates a stagnating labor market and potential economic slowdown.

This data serves as a reference for policymakers to evaluate labor market trends and formulate appropriate economic policies. Additionally, it is a valuable source of information for businesses and investors to understand trends in the job market and make economic forecasts.

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