The Employment Situation Report, also known as the Non-Farm Payrolls (NFP) report, is a monthly release by the U.S. Bureau of Labor Statistics. It includes data on job creation, unemployment rate, and wage growth, making it one of the most market-moving economic releases.
Example
“On NFP Friday, the Employment Situation Report revealed 500,000 new jobs versus the 200,000 expected, sending the US Dollar Index surging as traders priced in a more aggressive Fed tightening path.”