Non-farm payrolls (NFP) are monthly measurements of how many workers there are in the US, excluding farm workers and a few other job types such as government workers, private households and non-profit employees. The data is collected on a monthly basis by the Bureau of Labor Statistics (BLS) and put into the ‘Employment Situation’ report, which also includes the unemployment rate. The report is released on the first Friday of every month at approximately 8:30am EST – which is 1:30pm GMT. Each report looks back at data from the previous month, using two surveys: The Household Survey – this provides details on … (full story)
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