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US Nonfarm Payrolls
Description
US Nonfarm Payrolls measures the total number of paid workers in the US economy excluding farm employees, government, and nonprofit organizations. It is the single most market-moving economic release, directly impacting Fed rate expectations and asset prices across all markets.
Key risks
macro-risk
This risk may negatively affect the instrument’s performance under certain market conditions.
revision-risk
This risk may negatively affect the instrument’s performance under certain market conditions.
The list of risks is not exhaustive and highlights the most material structural and market-related factors.
Portfolio role & behavior
Economic role
benchmark
Behavior
pro-cyclical
The information provided is for analytical and informational purposes only and does not constitute investment advice.
Any decisions are made independently by the user and at their own risk.
For details, see legal terms.