Apiary Fund Blog

What Are Non-Farm Payrolls?

[fa icon="calendar'] Jul 20, 2019 6:07:00 AM / by Lukas MacMacKen posted in Apiary Fund, Non-Farm, market events, volatility

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Asides from the FOMC interest rate and rate statements, Non-Farm payroll is one of the most sought-after trading announcements. This announcement details the amount of people employed in all the non farming job sectors. The breakdown goes down to the detail about people employed in retail vs mechanics, vs medical, etc. While most traders do not care so much about the breakdown by industry, the amount of people employed is a major mover in the FOREX market. This is one of the reasons you will see the Non-Farm announcement traded at the Apiary Fund.

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