Non-Farm Employment Change

MeasuresChange in the number of employed people during the previous month, excluding the farming industry;
Usual Effect'Actual' greater than 'Forecast' is good for currency;
FrequencyReleased monthly, usually on the first Friday after the month ends;
Next Release
FF NotesThis is vital economic data released shortly after the month ends. The combination of importance and earliness makes for hefty market impacts;
Why Traders
Job creation is an important leading indicator of consumer spending, which accounts for a majority of overall economic activity;
Also CalledNon-Farm Payrolls, NFP, Employment Change;