Nonfarm payroll employment

in #ethereum7 years ago

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Nonfarm payroll employment is a
compiled name for goods,
construction and manufacturing
companies in the US. It does not
include farm workers, private
household employees, or non-profit
organization employees.
It is an influential statistic and
economic indicator released monthly
by the United States Department of
Labor as part of a comprehensive
report on the state of the labor
market .
The financial assets most affected by
the NFP data include the US dollar,
equities and gold.The
markets react very quickly and most
of the time in a very volatile fashion
around the time the NFP data is
released. The short-term market
moves indicate that there is a very
strong correlation between the NFP
data and the strength of the US dollar.
Historical price movement data shows
a small negative correlation between
the NFP data and the US dollar Index.