Job creation is an important leading indicator of consumer spending, which accounts for a majority of overall economic activity.
A non-farm payroll is a report detailing the employment situation in the United States which is published on a regular monthly basis by Bureau of Labor Statistics. It measures the change in the number of employed people during the previous month, excluding the farming industry. This report is also referred to as Non-Farm Payrolls, NFP, or Employment Change.
The best time of the month to pass an account in 1 day is on NFP Day, and is published on the of the first Friday of every month at 8:30 am Eastern time. It is generally best to place the trade 15 seconds prior to the release of the report to maximize the probability of passing 1 of the accounts.
It goes without saying that when you do pit one account against the other account, 1 of them will probably pass, and the other will fail. That is intentional.
