#USNonFarmPayrollReport The Non-Farm Payroll (NFP) report is the most influential indicator of the U.S. economy. It measures how many jobs were created in the previous month, excluding the agricultural sector, private households, and NGOs.
Analysis: December 2025 Report
The report published this month (which reflects the data from November) shows a labor market in a cooling phase:
Current Data: 64,000 jobs were created, slightly exceeding the forecast of 50,000.
Context: Although it is a positive number, it confirms a slowdown compared to previous years. The unemployment rate rose slightly to 4.6%.
Key Sectors: Health and construction drove the growth, while the public sector continues to lose strength.
Why is it important for you?
If the NFP is high: The economy is strong. This usually strengthens the Dollar (USD) but can cause stock market declines if there are fears that the Fed will raise interest rates to curb inflation.
If the NFP is low (like now): It indicates weakness. This pressures the Federal Reserve to lower rates, which is usually seen with optimism by stock and cryptocurrency investors.
In summary, the current report tells us that the U.S. is in a "soft landing": the economy is not collapsing, but the pace of hiring is much more cautious.