Non-Farm Employment Change - 'Total nonfarm payroll employment increased by 280,000 in May'
by
, 06-05-2015 at 06:31 PM (1189 Views)
2015-06-05 13:30 GMT (or 15:30 MQ MT5 time) | [USD - Non-Farm Employment Change]
- past data is 223K
- forecast data is 222K
- actual data is 280K according to the latest press release
if actual > forecast (or previous data) = good for currency (for USD in our case)
[USD - Non-Farm Employment Change] = Change in the number of employed people during the previous month, excluding the farming industry. Job creation is an important leading indicator of consumer spending, which accounts for a majority of overall economic activity.
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"Total nonfarm payroll employment increased by 280,000 in May, and the unemployment rate was essentially unchanged at 5.5 percent, the U.S. Bureau of Labor Statistics reported today. Job gains occurred in professional and business services, leisure and hospitality, and health care. Mining employment continued to decline."
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EURUSD M5: 179 pips price movement by USD - Non-Farm Employment Change news event :
USDJPY M5: 102 pips price movement by USD - Non-Farm Employment Change news event :
XAUUSD M5: 893 pips price movement by USD - Non-Farm Employment Change news event :