The US Nonfarm Payroll (NFP) report is a key economic indicator released monthly by the US Bureau of Labor Statistics. It measures the number of jobs added or lost in the economy, excluding farm workers, private household employees, and nonprofit employees. The report also includes important data such as the unemployment rate, wage growth, and labor force participation. Financial markets closely watch the NFP report because it reflects the overall health of the US economy. Strong NFP data often strengthens the US dollar and impacts interest rate expectations, while weak data can signal economic slowdown and influence stocks, bonds, and crypto markets.