The Non-Farm Payroll (NFP) report is among the most closely monitored forex economic indicators , and it is released monthly by the U.S. Bureau of Labor Statistics (BLS). The report is posted on the first Friday of every month at 8:30 AM EST. This important report measures any changes in the number of paid U.S. workers across various sectors, excluding farm employees, government workers, private household staff, and employees of nonprofit organizations. So, what is non-farm payroll exactly? In plain terms, it is a summary of the number of new jobs added to the economy over the last month, along with vital data such as the unemployment rate and average hourly earnings. All these data, when combined, provide investors, economists, and policymakers with a snapshot of the U.S. labor market’s strength, as these often signal broader economic trends. The report is called “non-farm” because it excludes data on agricultural jobs, which are highly s...