Non-Farm Payroll

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Non-Farm Payroll

In the United States, a figure compiled by the Bureau of Labor Statistics representing the total number of working-age persons working in all professions, except the following: government employees, household employees, many nonprofit employees, and farm employees. At any given time, this number represents approximately 80% of the American workforce currently employed. Economists use the non-farm payroll to help gauge the state of the overall economy.
References in periodicals archive ?
The non-farm payrolls data is expected to show an addition of 159,000 new positions in July, down from 224,000 in the previous month.
They were non-farm payrolls, house prices, industrial electricity demand and state sales tax revenues.
US non-farm payrolls increased by 155,000 jobs last month, below economists' median forecast of 200,000 jobs and the wage increase was softer than expected.
non-farm payrolls slowed in September, likely from Hurricane Florence's impact on restaurant and retail payrolls, but the Labor Department report also showed a rise in wages that could keep the Federal Reserve on track for more interest rate hikes.
The employment gauges from the June surveys are running at levels indicative of non-farm payrolls rising by 190,000, with hiring remaining solid in both the services and manufacturing sectors." Also, "price pressures remain elevated, however, widely blamed on a mix of rising fuel prices and tariff-related price hikes, as well as supplier's gaining pricing power as demand outstrips supply for many inputs.
economy added the biggest number of jobs in more than 1-1/2 years in February, with non-farm payrolls jumping by 313,000 jobs last month, the Labor Department said on Friday.
Non-farm payrolls rebounded last month as the dampening effect of September's natural disasters receded.
Inter-Bank Market Rates: In the final Asian trade, dollar crawled as the dust settled from its tumble overnight to a three-week low, although gains were limited ahead of the US non-farm payrolls due out later in the session.
The figures, which measure seasonally adjusted monthly changes in non-farm payrolls, also fell below a 12-month average and foreshadowed Friday's release of official US jobs numbers.
While non-farm payrolls increased, the figure wasn't impressive enough to suggest the Fed would raise interest rates in June.
Oil prices fell on Monday as oversupply concerns, a firmer dollar and lacklustre US non-farm payrolls data weighed on global markets, but a rebound in Chinese stocks after a two-day holiday helped prop up prices.
Investors also took their cue from Wall Street, following the release of the latest US jobs data, which showed an increase in non-farm payrolls and a drop in jobless rate dropped to a near seven-year low of 5.4 percent last month.
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