Nonfarm Payrolls Forcast for June 1st 2007. If we judge according to Unemployment insurance claims that came out very low in the last four weeks and then jumped by 15,000 to 311K, we might be seeing a slight increase in the Nonfarm figures we saw in April. The ADP Index also came a bit higher than expected at 97K, and together with 4.5% expectations on the Unemployment rate, the consensus on the upcoming release of the Nonfarm Payrolls stands at 135K. if indeed the release will be online with expectations or higher, we might see a boost up f... ( read more )

Nonfarm Payrolls The week of the Nonfarm Payrolls has arrived again. Last month 180K figure exploded the market, but ever since the USD has entered the crazy negative rally causing the EUR/USD to break the all time. The ADP Change in Nonfarm Payrolls is also about to be released before the NFP and as usual everybody is talking about how tight the correlation will be. Last month any connection between the both was completely random. Most analysts are expecting the ADP and the Nonfarm Payrolls to be weak this month. I have to say that this tim... ( read more )

Nonfarm Payrolls Without question, the single most important piece of data contained in the employment report generally and the establishment survey specifically is Nonfarm payrolls. As the name implies, Nonfarm payrolls measure the number of people on the payrolls of all non-agricultural businesses. The monthly changes in payrolls can be quite volatile, occasionally varying by better than 200K from one month to the next. Even with this volatility and the possibility of large revisions to past data, the payrolls figures offer the most timely... ( read more )