US job growth slows, adding 223,000 positions in December
According to the latest job report released by the Labor Department, the U.S. labor market remained strong in December, even as the Federal Reserve raised interest rates to the highest level in 15 years. Highlights from the report include: 👉 Non-farm payrolls: +223,000 (vs. +202,000 expected) 👉 Unemployment rate: 3.5% (vs. 3.7% expected) 👉 Average hourly earnings, month-over-month: […]
NFP Report: Implications for the US Labor Market and US Dollar
On Friday, January 6th at 9:30 pm Ph time, the US Bureau of Labor Statistics (BLS) will release its Nonfarm Payrolls (NFP) report for December 2022, providing insight into the state of the US labor market. Economists expect the report to show 200,000 job gains for the month, lower than the 263,000 reported in November […]
NFP Preview: Forecasts from eight major banks, employment growth still strong
The US Bureau of Labor Statistics (BLS) will release the August jobs report on Friday, September 2 at 12:30 GMT and as we get closer to the release time, here are the forecasts by the economists and researchers of eight major banks regarding the upcoming employment data. Expectations are for a 300K rise in Nonfarm […]
What are Non-Farm Payrolls or NFP?
The non-farm payrolls, or ‘NFPs,’ in the United States are an official statistic provided by the US Department of Labor on the first Friday of each month. Non-farm payrolls are used to calculate the number of individuals employed in the United States and are released concurrently with the unemployment rate. Both are major indicators used […]
Signs of a slowdown in the recovery may show up in July’s non-farm payrolls – NFP
The US dollar index dipped to 92.77 ahead of the non-farm payroll, which is forecast to add 1.6 million in July. That’s less than one-third of the previous month’s 4.8 million. The level of unemployment may have fallen slightly to 10.5% from the previous 11.1%. Politicians are working on the next fiscal stimulus package, but the timeline […]
Strong NFP Data, Wall Street Up and Oil Price Gain
Ang Forex trading news ay napakahalaga sa isang Trader, dahil isa ito sa nagpapagalaw ng presyo. High impact economic events moves currencies and has an impact on our personal trading, and of course don’t forget na kailangan din na meron kang technical analysis para malinaw ang Trend na makikita mo sa chart. Yan po ang […]