Source: https://mochatrade.com/learn/glossary/nonfarm-payrolls

# Nonfarm payrolls
URL: https://mochatrade.com/learn/glossary/nonfarm-payrolls
Last modified: 2026-10-17

Nonfarm payrolls is the BLS count of jobs added in the US last month, released at 6:00 PM IST, 7:00 PM in winter, usually on the first Friday. It is [the other half of the Fed's mandate, and the place good news is often bad for stocks](https://mochatrade.com/learn/us-market-structure/us-jobs-report-explained). On release night [Treasuries and index futures move before stocks open](https://mochatrade.com/learn/us-market-structure/how-us-stock-prices-form), and the [odds of the next hike move with it](https://mochatrade.com/blog/mocha-markets-weekly-dec).

## Related terms

- Index futures (E-mini S&P 500): https://mochatrade.com/learn/glossary/index-futures
- Initial jobless claims: https://mochatrade.com/learn/glossary/initial-jobless-claims
- PPI: https://mochatrade.com/learn/glossary/ppi
- PCE: https://mochatrade.com/learn/glossary/pce
- Unemployment rate: https://mochatrade.com/learn/glossary/unemployment-rate
- Cyclical vs defensive stocks: https://mochatrade.com/learn/glossary/cyclical-vs-defensive-stocks