Nonfarm payroll is a term used in the U.S. to refer to any job outside of farms, private households and the nonprofit sector.
| Nonfarm Payroll | Nonfarm payroll is a term used in the U.S. to refer to any job with the exception of farm work, unincorporated self-employment and employment by private households, nonprofit organizations and the military and intelligence agencies. Proprietors are also excluded. The U.S. Bureau of Labor Statistics releases closely followed monthly data on nonfarm payrolls as part of its Employment Situation Report, which is commonly known as the 'Jobs Report'. The headline figure—the change in the total number of nonfarm payrolls compared to the previous month—is used as a gauge of economic health. | Read More » | Related to "Nonfarm Payroll" | | 5 Reports That Affect the U.S. Dollar | Learn more about the five reports that provide short- and long-term insight into the valuation of the U.S. dollar. Currency and commodity traders and investors are always seeking information that will provide insight into whether the value of the dollar is set to rise or fall. | Read More » | | Unemployment Rate | The unemployment rate is the percentage of the total labor force that is unemployed but actively seeking employment and willing to work. | Read More » | | | | | CONNECT WITH INVESTOPEDIA | | | | | |
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