What is the US Non-Farm Payroll (NFP) and Why Does it Matter?

What is the US Non-Farm Payroll (NFP) and Why Does it Matter?

Imagine the Non-Farm Payroll (NFP) as a monthly health check for the US job market, but instead of blood pressure and heart rate, economists measure how many jobs are created – excluding farms, the government, private households, and non-profits. It’s like a snapshot of how many people have started new jobs, which tells us a […]

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