Non-farm payrolls: what do the three numbers mean?
The monthly US jobs report comes with the headline payrolls number, the unemployment rate and average hourly earnings — and the market often reacts to the details, not the headline.
For beginners:
- which of the three do you pay attention to first?
- what are revisions, and why do they matter?
- do you trade the release or avoid it?
The non-farm payrolls guide breaks down each number and why it moves the dollar.
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