Nonfarm Payroll

Nonfarm payroll refers to any job outside of farms, private households and the nonprofit sector. The U.S. Bureau of Labor Statistics releases closely-followed monthly data on nonfarm payrolls as part of its Employment Situation Report. The headline figure, the change in the total number of nonfarm payrolls compared to the previous month, is used as a gauge of economic health.
March 11, 2017
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