Non-agricultural employment refers to any work other than farm work, unincorporated self-employment, and employment in private households, military and intelligence agencies. The owner was also excluded. The US Bureau of Labor Statistics publishes non-agricultural employment data once a month as part of its employment situation report. Overall data shows that compared with the previous month, the change in the number of non-agricultural employment is an indicator of economic health.

For example, in February 2017, preliminary data showed that the number of non-agricultural employment increased by 235,000 to 145.8 million after seasonal adjustment. This change marked the 77th consecutive month of employment growth. In January 2016, the number of non-agricultural employment increased by 238,000 (previous value), and in February 2016 it increased by 237,000.

Why is the non-agricultural employment report important? What is the impact?

The non-agricultural employment report is an economic data released monthly by the US Bureau of Labor Statistics. Its main statistical data is the number of new jobs added from last month. The report also contains many valuable insights into the labor force, which have a direct impact on the stock market, the value of the U.S. dollar and the price of gold. The non-agricultural employment report is the main tool to determine the overall economic health. About 80% of the U.S. GDP is contributed by non-agricultural employees.

The non-agricultural employment report shows statistics on the unemployment rate in the United States. This is calculated through the overall unemployment rate, long-term unemployment rate and youth unemployment rate. The labor force participation rate is also a key statistical indicator that determines the country’s true unemployment rate.

When will the non-agricultural employment report be released?

The non-agricultural employment report is on the first Friday of the next month, at 8:30 am Eastern Time, to announce the employment situation of the previous month. These data are used to help policymakers and economists determine current economic conditions and predict future levels of economic activity.

What is the non-agricultural employment report?

Statistics from non-agricultural employment population also show which industries are creating the most employment opportunities. The report shows the huge gains and losses of various departments. The industries listed in the report include professional and business services, healthcare, financial activities, mining, construction, manufacturing, wholesale trade, retail trade, transportation and warehousing, information, leisure and hospitality and other industries. This segmentation is often used by stock analysts to predict which stocks and industries have strong earnings reports.

The report also includes other items such as average weekly income and average hourly income. The wage increase is reflected in the report. The monthly report may include revisions to previous reports.

The best month for wage growth is usually May, with an average increase of 129,000 jobs. August was the worst month, with an average increase of 69,000 jobs. 1994 was the best year in the history of the non-agricultural report, adding 3.85 million jobs. In that year, there was an increase in the monthly non-agricultural employment report. In 2009, the non-agricultural employment population decreased by 5.05 million, which was the worst year in the history of non-agricultural employment statistics.