nonfarm

[nahn fahrm]

adjective

1. not engaged in or relating to the raising of crops or livestock; nonagricultural.

Example Sentences

A December rate cut “is a little dicier than markets have it right now. You’re hanging a lot on the slowdown in nonfarm payrolls,” he said.

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Forecast for the average monthly change in nonfarm payrolls, next 12 months,

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Forecast for the average monthly change in nonfarm payrolls, next 12 months,

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We ask economists to forecast a range of economic indicators: quarterly and annual real GDP, the consumer-price index, unemployment rate, monthly change in nonfarm payrolls, the midpoint of the range for the Federal Funds Rate, closing yield on 10-year Treasury Notes, and others.

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For decades, U.S. monthly nonfarm payrolls, the unemployment rate and average hourly earnings have been the Fed’s main measures of labor-market slack, wage pressure and the risk of inflation.

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