US nonfarm payrolls

US nonfarm payrolls

Volatility is experienced before and after the release of the nonfarm payrolls report. The NFP is a key economic indicator that shows monthly change in the overall number of employed people in the US non-farming industries. The Fed's officials are keeping a close eye on it, as they are committed to ensure full employment in the US economy. A strong reading will increase the probability of the Fed's rate hike at the upcoming meeting.

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