Non-Farm Payrolls
Non-Farm Payrolls
About This Event
The number of non-farm payrolls for October will be released.
Previous: 297K
Forecast: 180K
Non-farm payrolls measures the change in the number of people employed during the previous month, excluding the farming industry. This is a key indicator of job creation and consumer spending. Higher than expected payrolls is bullish, while lower than expected payrolls is bearish.
The US economy added 199,000 jobs in November 2023, surpassing the 150,000 added in October and exceeding market expectations of a 180,000 gain. Nonetheless, it marked the second consecutive month with job additions below the average monthly gain of 240,000 observed over the past year, signaling a slowdown in the labor market. Health care added 77,000 jobs, driven by ambulatory health care services (+36,000), hospitals (+24,000), and nursing and residential care facilities (+17,000). In addition, government payrolls increased by 49,000, boosted by local government (+32,000) and state government (+17,000). Finally, employment in manufacturing rose by 28,000, slightly less than expected, as automobile workers returned to work following the resolution of the UAW strike. In contrast, retail trade employment declined by 38,000. source: U.S. Bureau of Labor Statistics
Why This Event Matters
Economic releases such as Non-Farm Payrolls are widely followed because they can shape expectations for growth, inflation, and monetary policy. Traders and investors often use these data points when assessing interest-rate outlooks, Treasury yields, and sector rotation themes. The scheduled timing is November 3, 2023 (America/New_York), subject to source updates.
Source summary: The number of non-farm payrolls for October will be released.
Previous: 297K Forecast: 180K
Non-farm payrolls measures the change in the number of people employed during the previous month, excluding the farming industry. This is a key indicator of job creation and consumer spending. Higher than expected payrolls is bullish, while lower than expected payrolls is bearish.
The US economy added...
This listing is associated with SPY. Market participants may watch these names around the event window for volatility or news flow.
Frequently Asked Questions
- What is Non-Farm Payrolls?
- It is a stock market catalyst entry on Catacal—an event or release investors and traders may monitor. Details are summarized from the cited source and may be updated over time.
- When is Non-Farm Payrolls?
- The calendar shows Nov 3, 2023 (America/New_York). Verify the exact time and any changes using the source link when planning around the event.
- Why does Non-Farm Payrolls matter for investors?
- Macro releases can influence rate expectations, yields, and sector leadership. Market participants often reassess positioning after the data.
- Which stocks or sectors could be affected?
- Symbols linked to this listing include SPY; other names in the same industry group may also move with related news.
- How is this event categorized?
- Catacal groups this entry under "Economic Data" for navigation. Categories help you find comparable catalysts and build a week-by-week watchlist.
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