Forex Dictionary

French Prelim Non-Farm Payrolls

French Prelim Non-Farm Payrolls

Measures Change in the number of employed people, excluding the farming industry and government; Usual Effect Actual > Forecast = Good for currency; Frequency Released quarterly, about 45 days after the quarter ends; FF Notes Due to the double revision schedule the 'History' data will appear unconnected. There are two versions of this indicator released one month apart - Preliminary and Final. Both tend to have a muted impact because there are several earlier indicators related to Eurozone labor conditions; Why Traders Care Job creation is an important leading indicator of consumer spending, which accounts for a majority of overall economic activity; Also Called Non-Farm Employment, Provisional Employment