France EUR

France Non Farm Payrolls QoQ

Impact:
Low
Source: INSEE, France

Latest Release:

Date:
Actual:
-0.1%
Forecast: -0.1%
Previous/Revision:
-0.4%
Period: Q1

Next Release:

Date:
Period: Q2
What Does It Measure?
The France Non Farm Payrolls (NFP) QoQ measures the change in the number of employed individuals within the non-agricultural sector of the French economy over a quarter. This indicator primarily focuses on employment trends and is critical for assessing economic health, highlighting possible shifts in consumer spending power, job growth, and overall economic vitality.
Frequency
This report is released quarterly, providing updates that reflect the employment situation over the preceding three months, and it includes both preliminary estimates and final figures.
Why Do Traders Care?
Traders monitor the NFP as it serves as a key gauge of economic performance in France, influencing forecasts for economic growth and monetary policy decisions. Strong employment figures can boost the euro and equities, while weaker numbers may lead to declines in currency and stock valuations, signaling economic concerns.
What Is It Derived From?
The NFP is derived from a survey of employers, capturing data representing a wide range of industries excluding agricultural, government, and a few other sectors. This report compiles employment figures using established methodologies and typically captures responses from thousands of companies across various regions in France.
Description
Preliminary reports provide early insights into employment trends based on initial data collection, which may be subject to revisions in subsequent months when more comprehensive data is available. The report is generally presented in a quarter-over-quarter (QoQ) format to help analysts and traders identify medium-term trends in the labor market.
Additional Notes
This indicator is viewed as a coincident economic measure, providing real-time insights into employment conditions that can impact consumer spending and overall economic activity. The NFP can also serve as a comparative benchmark against similar indicators from other Eurozone countries to gauge regional economic health.
Bullish or Bearish for Currency and Stocks
Higher than expected: Bullish for Euro, Bullish for Stocks. Lower than expected: Bearish for Euro, Bearish for Stocks. A dovish tone: Signaling lower interest rates or economic support, is usually bad for the Euro but good for Stocks due to cheaper borrowing costs.

Legend

High Potential Impact
This event has a strong potential to move markets significantly. If the 'Actual' value differs enough from the forecast or if the 'Previous' value is significantly revised, it signals new information that markets may rapidly adjust to.

Medium Potential Impact
This event may cause moderate market movement, especially if the 'Actual' deviates from the forecast or there's a notable revision to the 'Previous' value.

Low Potential Impact
This event is unlikely to affect market pricing unless there's an unexpected surprise or a major revision to prior data.

Surprise - Currency May Strengthen
Actual deviated from Forecast on a medium or high impact event and historically could strengthen the currency.

Surprise - Currency May Weaken
Actual deviated from Forcast on a medium or high impact event and historically could weaken the currency.

Big Surprise - Currency More Likely To Strengthen
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely strengthen the currency.

Big Surprise - Currency More Likely To Weaken
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely weaken the currency

Green Number Better than forecast for the currency (or previous revise better)
Red Number Worse than forecast for the currency (or previous revise better)
Hawkish Supports higher interest rates to fight inflation, strengthening the currency but weighing on stocks.
Dovish Favors lower rates to boost growth, weakening the currency but lifting stocks.
Date Time Actual Forecast Previous Surprise
-0.1%
-0.1%
-0.4%
-0.3%
-0.2%
0.1%
-0.1%
0.2%
0.1%
-0.1%
0.1%
 
0.1%
0.3%
0.3%
0.1%
0%
0.2%
0%
-0.1%
0.2%
0.1%
0.1%
0%
0.1%
0.1%
0.1%
0.1%
0.3%
0.3%
0.2%
0.2%
0.1%
0.2%
25690%
0.3%
-25689.8%
0.4%
0.4%
0.3%
0.4%
0.3%
0.3%
0.1%
0.3%
0.6%
0.6%
-0.3%
0.4%
0.8%
0.5%
-0.4%
0.4%
0.3%
1.2%
0.1%
1.1%
1%
0.6%
0.1%
0.3%
0.2%
-0.1%
0.1%
-0.1%
-0.2%
1.7%
0.1%
1.6%
1.5%
-0.8%
0.1%
-0.9%
-0.4%
-2%
-0.5%
-2%
-2.3%
0.4%
0.3%
0.4%
0.3%
0.2%
0.1%
0.2%
0.2%
0.2%
0.2%
0.2%
0.4%
0.4%
0.3%
0.3%
0.1%
0.2%
0.2%
0.1%
0.1%
0.1%
0.1%
0%
0.2%
0.2%
-0.2%
0.2%
0.2%
0.4%
0.3%
0.2%
0.2%
0.1%