1. Non-agriculture refers to large non-agriculture. The two have the same meaning. The definition is as follows:

Non-agriculture refers to the non-agricultural employment population in the United States. As the name suggests, it reflects the non-agricultural population in the United States. data indicators of employment status. Often referred to as the Great Non-Agriculture. ?

2. Definition of small non-agricultural population:

"Small non-agricultural population" refers to the private sector non-agricultural population released before the U.S. Department of Labor releases non-agricultural population (referred to as "non-agricultural") data. Agricultural data, this data is released by Automatic Data Processing (American Automatic Data Processing Company, referred to as ADP), and the employment number released is relatively authoritative. The ADP National Employment Report is sponsored by ADP and is developed and maintained by Macroeconomic Advisers. ?

This report is collected from about 500,000 anonymous American companies and is a reflection of the employment situation in the United States, covering nearly 35 million American employees. The ADP survey only includes private sector employment data, not government employment. Many investors will use this as the basis for placing orders.

Extended information

U.S. non-farm employment data is an item in the U.S. unemployment rate data. It reflects the number of new jobs outside of agricultural employment and is released at the same time as the unemployment rate. The U.S. Bureau of Labor Statistics releases data for the previous month on the first Friday of every month at 8:30 EST (EST), which is Friday 20:30 Beijing time. So far, this data is one of the most important economic indicators in the United States and the economic data that has the greatest impact on the currency market. The employment report is often hailed as the "crown jewel" among all economic indicators that the foreign exchange market can react to.

It is a sensitive monthly economic indicator from which investors can usually see a lot of market-sensitive information. . Among them, the foreign exchange market pays special attention to the changes in monthly employment numbers with seasonal adjustment. For example, strong non-farm payroll employment indicates a healthy economy and may signal higher interest rates, while potentially higher interest rates prompt foreign exchange markets to push the value of the country's currency more, and vice versa.

The relationship between the U.S. dollar and gold is generally inversely proportional. That is to say, if the U.S. dollar rises, investors will generally buy U.S. dollars to increase their value and sell gold. Similarly, if the U.S. dollar falls, investors will generally sell U.S. dollars and buy gold. Invest gold to maintain and increase value.

However, no rule is applicable in all periods. After the 2008 financial crisis, it often happened that when the non-farm payroll data was worse than expected and lower than the previous value, the US dollar and gold rose at the same time. This trend reflects another function of the U.S. dollar, which is hedging. The specific trend depends on investors' economic conditions in the United States and the world at the time the data is released.

Baidu Encyclopedia-Small Non-agricultural Employment

Baidu Encyclopedia-U.S. Non-agricultural Employment Index

Baidu Encyclopedia-Non-agricultural data