Announcement expected on 2nd June at 6pm IST
Trend of Nonfarm payrolls
Previous: 253k for April
Forecast: 180k for May
What to expect?
| Outcome | Expected Impact on crypto market |
| In line with forecast | Neutral trend |
| More than forecast | Bearish trend |
| Less than forecast | Bullish trend |
What are the Non-farm payrolls?
- It measures the change in the number of people employed during the previous month in the United States excluding the farming industry.
- This indicates the health of the labor market and the economy as a whole.
Expect Volatility!
Source: Investing.com
Note: This is not an investment advice and we highly recommend that you do your own research
