Non-Farm Payrolls (NFP)
The most important monthly indicator of US economic health. Labor market strength underpins consumption.
Market Impact
RISING / BULLISH
Proof of a strong economy, but overheating can lead to temporary stock declines due to rate hike fears (Good is Bad).
FALLING / BEARISH
Stock declines due to slowdown/recession fears, or rallies on early rate cut hopes.
Context 2026
AI adoption has intensified labor mobility. 'White-collar re-employment rates' and 'Wage growth for AI-skilled workers' now influence market reactions more than simple employment numbers.
OmniMetric Relevance
High. The engine measuring economic health. Directly linked to GMS Score recession risk assessment.