What is the jobs report (U.S. Nonfarm Payrolls)?
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The U.S. Nonfarm Payrolls report, published monthly by the Bureau of Labor Statistics, details changes in employment, the unemployment rate, wages, and labor force participation. It is one of the most closely watched economic indicators.
Think about the monthly snapshot of U.S. hiring from the Bureau of Labor Statistics. It covers jobs added, the unemployment rate, and wages — markets watch it closely.