Monthly Archives: February 2023

Nonfarm Payrolls rise by 216,000 in December vs 170,000 expected

It represents the number of jobs added, excluding farm employees, government employees, private household employees and employees of nonprofit organizations. The probability for a March Fed rate cut currently stands about 65%, according to CME Group’s FedWatch Tool. Nonfarm Payrolls (NFP) in the US rose 187,000 in July, the US Bureau of Labor Statistics reported […]