What is the significance of US non-agricultural data
U.S. non-agricultural data is a specific display of US economic data. The number of non-agricultural employment in the US directly reflects the development and growth of service industries and manufacturing industries. The decrease in the number in the data means that the production speed of enterprises is reduced and the economy enters a period of depression. When the US economy performs well, the data will show a growth trend. When the non-agricultural data increases sharply, it means that the economic situation is good. At this time, the economy is generally very favorable to the exchange rate, symbolizing that higher interest rates can be obtained, which will inevitably promote the appreciation of the country's currency in the foreign exchange market. Non-agricultural data are important indicators used to observe the country's social and economic and financial development. Usually, the changes in positions in various industries other than agricultural production are counted. At the same time, this data also directly affects changes in foreign exchange markets such as gold and crude oil.
Impact of the release of non-agricultural employment population data after the United States seasonal adjustment
Announced value > expected value will be good for the US economy and the US dollar, and will be bad for non-US, gold and crude oil.
What is the non-agricultural employment population data after seasonal adjustment?
Non-farm payrolls (Changes in non-farm payrolls): It is an item in the employment report. This project mainly counts the changes in jobs other than agricultural production. The data is released together with the unemployment rate. The U.S. Department of Labor Statistics Bureau released the data for the previous month on the first Friday of each month at 8:30 ET, that is, 20:30 PM Beijing time. Changes in the number of non-agricultural employment reflect the development and growth of the manufacturing industry and service industry. The decrease in numbers means that enterprises reduce production and the economy enters a depression; in the absence of hyperinflation, if the number increases significantly, it shows that a healthy economic situation should be beneficial to the US dollar, and may indicate that interest rates will be raised, which is also beneficial to the US dollar. If the non-agricultural employment index increases, it reflects the rise in economic development, and vice versa.
U.S. non-agricultural data release time
The US non-agricultural data release time is generally the first Friday of each month of each month, but if Friday is a holiday in the United States, there may be adjustments in time.
The United States’ non-agricultural data, non-agricultural data, refer to the three values of the United States’ non-agricultural employment rate, the number of non-agricultural employment and the unemployment rate. As the name suggests, it is a data indicator that reflects the employment status of the non-agricultural sector in the United States. These three data are released on the first Friday of each month at 21:30 Beijing time (Winter time: November-March) and 20:30 (Dayday Time: April-October). The data comes from the U.S. Department of Labor Bureau of Labor Statistics.
Usually, the US non-farm employment data will be released on Friday night of the first week of each month, but there are special circumstances. For example (non-farm data for September 2013) The United States has encountered the first government shutdown in nearly 17 years. Therefore, many economic data, including the September non-farm employment data, have not been released on time.
