Amillex | NFP Explained: Why It Moves Markets Non-Farm Payroll (NFP) is a key U.S. economic report that shapes inflation outlook, interest rate expectations, and market volatility. 🔹 Average Hourly Earnings – Signals wage inflation and consumer spending power. Rapid growth may trigger Fed rate hikes. 🔹 Non-Farm Employment Change – Core indicator showing job creation and economic momentum; often causes sharp moves in USD, gold, and equities. 🔹 Unemployment Rate – Reflects real labor market sla