Source | |
Measures | Change in the number of employed people during the previous month; |
Usual Effect | 'Actual' greater than 'Forecast' is good for currency; |
Frequency | Released monthly, about 8 days after the month ends; |
Next Release | |
FF Notes | This is vital economic data released shortly after the month ends. The combination of importance and earliness makes for hefty market impacts; |
Why Traders Care | Job creation is an important leading indicator of consumer spending, which accounts for a majority of overall economic activity; |