Nonfarm Payrolls

Importance: Highest.
Published by: Bureau of Labor Statistics, U.S. Department of Labor.
Release: First Friday of the month at 8:30 ET for the prior month.

The Non Farm Payrolls release – the change in non farm employment from the establishment data – is the most closely followed economic statistic for the stock and bond markets. The numbers that make up this part of the Employment Report use payroll records – furnishing the most concrete evidence of whether the US is creating jobs.

It is important to note that the change in Non Farm Payrolls includes government jobs – so for a clearer picture of the situation in the private business sector, government positions need to be factored out.