Non-farm payrolls
Find out what the non-farm payrolls (NFP) report is, when it’s released and how it affects financial markets.
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Latest non-farm payrolls data
May 2025: The US economy added 139,000 jobs in May, slightly above market expectations of 130,000. US unemployment remained at 4.2%.
Latest
139,000
Forecast
130,000
Previous
147,000
When is the next non-farm payrolls report?
NFP data is usually released at 8.30am (EST) on the first Friday of every month.
Here are the key dates for your diary.
| Reference Month | Date | Time (EST) |
|---|---|---|
| January 2025 | 7 February 2025 | 8.30am |
| February 2025 | 7 March 2025 | 8.30am |
| March 2025 | 4 April 2025 | 8.30am |
| April 2025 | 9 May 2025 | 8.30am |
| May 2025 | 6 June 2025 | 8.30am |
| June 2025 | 11 July 2025 | 8.30am |
| July 2025 | 8 August 2025 | 8.30am |
| August 2025 | 5 September 2025 | 8.30am |
| September 2025 | 10 October 2025 | 8.30am |
| October 2025 | 7 November 2025 | 8.30am |
| November 2025 | 5 December 2025 | 8.30am |
| Reference month | January 2025 |
|---|---|
| Date | 7 February 2025 |
| Time (EST) | 8.30am |
| Reference month | February 2025 |
| Date | 7 March 2025 |
| Time (EST) | 8.30am |
| Reference month | March 2025 |
| Date | 11 April 2025 |
| Time (EST) | 8.30am |
| Reference month | April 2025 |
| Date | 9 May 2025 |
| Time (EST) | 8.30am |
| Reference month | May 2025 |
| Date | 6 June 2025 |
| Time (EST) | 8.30am |
| Reference month | June 2025 |
| Date | 11 July 2025 |
| Time (EST) | 8.30am |
| Reference month | July 2025 |
| Date | 8 August 2025 |
| Time (EST) | 8.30am |
| Reference month | August 2025 |
| Date | 5 September 2025 |
| Time (EST) | 8.30am |
| Reference month | September 2025 |
| Date | 10 October 2025 |
| Time (EST) | 8.30am |
| Reference month | October 2025 |
| Date | 7 November 2025 |
| Time (EST) | 8.30am |
| Reference month | November 2025 |
| Date | 5 December 2025 |
| Time (EST) | 8.30am |
How to trade non-farm payrolls
Traders take a keen interest in the non-farm payrolls as it’s historically caused sudden, significant price movements in the market, giving rise to potential trading opportunities.
Economists will attempt to predict what the headline NFP figure will be each month, usually arriving at a consensus estimate. If the actual figure deviates significantly from the estimate, this tends to create more market volatility.
The US dollar, US indices and commodities such as gold are particularly sensitive to the NFP report.
How to trade non-farm payrolls cheatsheet
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Week Ahead: Can USDJPY hit fresh 20-year high above 130?
USDJPY
Japanese Yen
Bank of Japan
BoJ
Dovish
negative interest rates
yield curve control
rate hikes
inflation
Euro
EURUSD
France
Election
Big Tech
Earnings
Nasdaq 100
Twitter
Elon Musk
Facebook
Meta Platforms
Alphabet
Apple
Amazon
16:32
Why is the Yen so weak?
JPY
Japanese Yen
USDJPY
Bank of Japan
negative interest rates
yield divergence
policy divergence
FED
FOMC
Federal Reserve
Fed rate hike
Quantitative Easing
Bond Yields
bond selloff
yield curve control
15:33
Mid-Week Technical Outlook: FX Movers & Shakers
USD
JPY
GBP
AUD
Gold
NZD
SMA
MACD
10:26
Week Ahead: Can USDJPY hit fresh 20-year high above 130?
USDJPY
Japanese Yen
Bank of Japan
BoJ
Dovish
negative interest rates
yield curve control
rate hikes
inflation
Euro
EURUSD
France
Election
Big Tech
Earnings
Nasdaq 100
Twitter
Elon Musk
Facebook
Meta Platforms
Alphabet
Apple
Amazon
16:32
Why is the Yen so weak?
JPY
Japanese Yen
USDJPY
Bank of Japan
negative interest rates
yield divergence
policy divergence
FED
FOMC
Federal Reserve
Fed rate hike
Quantitative Easing
Bond Yields
bond selloff
yield curve control
15:33
Mid-Week Technical Outlook: FX Movers & Shakers
USD
JPY
GBP
AUD
Gold
NZD
SMA
MACD
Why trade non-farm payrolls with FXTM?
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