Non-farm payrolls (NFP) news

Stay ahead of the curve with our dedicated non-farm payrolls (NFP) page. This crucial economic indicator provides a snapshot of US employment, excluding agricultural workers, and has a significant impact on financial markets. Here, you'll find up-to-the-minute coverage of NFP releases, including expert analysis of the data, its implications for the Federal Reserve's monetary policy, and its influence on various asset classes. Explore forecasts, understand market reactions, and gain insights into the broader economic trends revealed by this key report.

Are cracks appearing in the US labour market? NFP eyed for further evidence

We're seeing cautious trading ahead of the jobs report, with jobless claims offering signs of cracks appearing in the labor market. That primarily came from revisions to previous figures that show a clear trend higher in claims, a trend that is likely to worsen as mass layoff announcements find their way into the data. The next few months are likely to paint a very different picture of the labor market in the US and that could even be exacerbated by recent turbulence in the banking system.

06-04-2023 11:32 GMT by Craig Erlam