Nonfarm payrolls is due on Friday 6 December at 2:30 PM (GMT), forecasts show 180k jobs were created in November, rebounding from October’s 128,000. The unemployment is forecast to hold steady near a 50-year low of 3.6%.
What are Nonfarm Payrolls: Released on the first Friday of every month by the US Bureau of Labor Statistics presents the number of new jobs added during the previous month, in all non-agricultural sectors. The changes in numbers usually affect the market due to its volatility. A high reading is seen as positive for the USD, while a low reading is seen as negative.
