Refers to the non-agricultural employment rate, non-agricultural employment number and unemployment rate in the United States, reflecting the trend of the American economy. Good data indicates that the economy is improving, while poor data indicates that the economy is getting worse. The number of non-agricultural employment mainly reflects the development of manufacturing and service industries. The reduction in quantity means that enterprises reduce production and the economy enters a depression.

With the rapid development of social economy, consumption will naturally increase, and jobs in the consumer and service industries will also increase. When the number of non-agricultural employees increases substantially, it shows that the economic situation is healthy. Therefore, this data is an important indicator to observe the degree and situation of socio-economic and financial development.

Extended data

Non-agricultural data can greatly affect the dollar value of the money market. A vibrant employment report can push up interest rates, make the dollar more attractive to foreign investors, and earn interest income by holding US treasury bonds.

On the other hand, a bad employment report will weaken the demand for dollars, because it will bring trouble to the US stock market and put downward pressure on interest rates. Both of them will make the dollar less attractive to foreigners.

Non-agricultural data was better than expected, the US economy improved, the US dollar rose and crude oil fell. Non-agricultural data was worse than expected, the US economy deteriorated, the dollar fell, and crude oil rose. Non-agriculture affects the dollar price, and all financial products related to the dollar price will be greatly affected.

Baidu Encyclopedia-Non-agricultural Data

Baidu Encyclopedia-American Non-farm Employment Data

Baidu Encyclopedia-Non-agricultural Employment