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Nonfarm payrolls data for the US is released on which Friday of each month?

a) First Friday
b) Second Friday
c) Third Friday
d) Last Friday

User Sinek
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Final answer:

The Nonfarm Payrolls data is released on the first Friday of each month, providing key insights into the US labor market, excluding farm, government, private households, and nonprofit organization workers.

Step-by-step explanation:

The Nonfarm Payrolls data for the US is typically released on the first Friday of each month. This report includes the total number of paid U.S. workers of any business, excluding the following employees: general government employees, private household employees, employees of nonprofit organizations that provide assistance to individuals, and farm employees.

This report is widely regarded as an important economic indicator, as it reveals the state of the labor market and can influence the Federal Reserve's monetary policy decisions, as well as investor sentiment in the stock and bond markets.

The correct answer is a) First Friday.

Nonfarm payrolls data for the US is released on the first Friday of each month. This data provides information on the number of jobs added or lost in the nonfarm sector of the US economy, including industries such as construction, manufacturing, and healthcare.

User Heycam
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