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What (who) is rural nonfarm activities - definition
![A rural village in [[Rajasthan]], India](https://commons.wikimedia.org/wiki/Special:FilePath/A view of Villages and farms in south Rajasthan India.jpg?width=200 "A rural village in [[Rajasthan]], India")
![Amra Kalan village in [[Kharian]], Pakistan](https://commons.wikimedia.org/wiki/Special:FilePath/Amra Kalan Village.JPG?width=200 "Amra Kalan village in [[Kharian]], Pakistan")
![A typical countryside scene in rural [[Yorkshire Dales]], [[England]].](https://commons.wikimedia.org/wiki/Special:FilePath/Malham countryside.jpg?width=200 "A typical countryside scene in rural [[Yorkshire Dales]], [[England]].")
![A rural landscape near [[Mount Shasta]] in [[California]]](https://commons.wikimedia.org/wiki/Special:FilePath/Mount Shasta (1).jpg?width=200 "A rural landscape near [[Mount Shasta]] in [[California]]")
![A rural landscape in [[Lappeenranta]], [[South Karelia]], Finland. 15 July 2000.](https://commons.wikimedia.org/wiki/Special:FilePath/Rural landscape in Finland.jpg?width=200 "A rural landscape in [[Lappeenranta]], [[South Karelia]], Finland. 15 July 2000.")
![Kami]], [[Hyōgo Prefecture]], Japan.](https://commons.wikimedia.org/wiki/Special:FilePath/うへ山の棚田 Rice Terraces of Ueyama in Ojiro, Kami Town in May.jpg?width=200 "Kami]], [[Hyōgo Prefecture]], Japan.")
Wikipedia
Nonfarm payroll employment is a compiled name for goods, construction and manufacturing companies in the US. It does not include farm workers, private household employees, or non-profit organization employees.
It is an influential statistic and economic indicator released monthly by the United States Department of Labor as part of a comprehensive report on the state of the labor market.
The financial assets most affected by the nonfarm payroll (NFP) data include the US dollar, equities and gold. The markets react very quickly and most of the time in a very volatile fashion around the time the NFP data is released. The short-term market moves indicate that there is a very strong correlation between the NFP data and the strength of the US dollar. Historical price movement data shows a small negative correlation between the NFP data and the US dollar Index.
The Bureau of Labor Statistics releases preliminary data on the third Friday after the conclusion of the reference week, i.e., the week which includes the 12th of the month, at 8:30 a.m. Eastern Time; typically this date occurs on the first Friday of the month. Nonfarm payroll is included in the monthly Employment Situation or informally the jobs report and affects the US dollar, the Foreign exchange market, the bond market, and the stock market.
The figure released is the change in nonfarm payrolls (NFP), compared to the previous month, and is usually between +10,000 and +250,000 during non-recessional times. That number is meant to represent the number of jobs added or lost in the economy over the last month, not including jobs relating to the farming industry.
