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non farm payrolls

 

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Non-Farm Payrolls

Definition: Non-Farm Payrolls refers to statistics that represent the total number of paid U.S. workers in any business except for farm workers, nonprofit organization employees, private household employees, and government employees. It is an important economic indicator used to gauge the health of the U.S. economy. Non-Farm Payrolls data is released monthly, providing a snapshot of job growth and unemployment rates.

Sense 1 (Noun): The total number of employed workers in the United States, excluding farm workers, nonprofit organization employees, private household employees, and government employees.

Example: According to the latest non-farm payrolls report, the U.S. economy added 250,000 jobs in the past month.

Sense 2 (Plural noun): The reports or data released on a monthly basis reflecting the employment situation in the United States, excluding farm workers, nonprofit organization employees, private household employees, and government employees.

Example: Analysts eagerly await the release of the non-farm payrolls data to gain insights into the job market's performance.

Sense 3 (Adjective): Describing any aspect, analysis, or theory related to the non-farm payrolls.

Example: The non-farm payrolls report indicates a positive trend in job creation and is likely to impact the stock market.

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