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In this episode, I look at the origins, meaning, and real-world impact of the Non-Farm Payrolls report—why it excludes farms, how it’s calculated, and why it’s one of the most important economic signals in the world.

Also in this episode:

📉 A weak report once cost the BLS commissioner her job under President Trump.
📊 I explain how two massive surveys form the basis for the report.
🔄 Why the headline jobs number often gets revised—and why that matters.
🏦 How central banks and Wall Street traders use NFP to make big decisions.
💸 Why Non-Farm Payrolls affect your mortgage, credit cards, and retirement.

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Beavis Wealth Disclaimer:

The views and opinions shared on this channel are for informational and educational purposes only. Although previously licensed, the contributors are no longer industry participants and are not licensed to provide financial advice. They strive to provide you with educational information in an entertaining manner. Always do your own research and due diligence before investing. Generally speaking, you should consult a licensed investment professional before investing.