France EUR

France Private Non Farm Payrolls QoQ Final

Impact:
Low
Source: INSEE, France

Latest Release:

Date:
Surprise:
-0.1%
Actual:
-0.1%
Forecast: 0%
Previous/Revision:
-0.4%
Period: Q1

Next Release:

Date:
Period: Q2
What Does It Measure?
The France Private Non Farm Payrolls QoQ Final measures the change in the number of employed individuals in the private sector, excluding agricultural jobs, for a given quarter. The primary focus is on employment trends within privately-owned businesses, and key indicators include the total number of jobs created or lost compared to the previous quarter, signaling labor market strength or weakness.
Frequency
This report is released quarterly as a final figure, typically published within a few weeks after the quarter concludes, providing a comprehensive view of employment conditions.
Why Do Traders Care?
Traders pay close attention to this indicator as it reflects the health of the labor market, which can influence consumer spending and economic growth, impacting financial markets. Positive results generally boost confidence in the economy, leading to bullish sentiment in currencies like the EUR and equities, while negative results may have bearish consequences.
What Is It Derived From?
This payroll figure is derived from surveys conducted among private sector employers, which collect data on hiring practices and employment trends. The estimate encompasses a range of industries, ensuring a broad representation of the private employment landscape, and employs weighting techniques to reflect the size of different sectors accurately.
Description
The final report represents the most accurate calculation of employment changes, refining earlier estimates based on more complete data. Given that it focuses on changes in payroll numbers over the previous quarter, it serves as a valuable indicator of short- to medium-term labor market conditions and economic health.
Additional Notes
The Private Non Farm Payrolls report is considered a coincident indicator, as it reflects current employment trends that correspond with economic performance. Additionally, it is often compared with other labor market indicators, such as unemployment rates and public payrolls, to gauge overall economic growth and labor market efficiency.
Bullish or Bearish for Currency and Stocks
Higher than expected: Bullish for EUR, Bullish for Stocks.

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%
-0.4%
-0.1%
-0.3%
-0.2%
0.1%
-0.1%
0.1%
-0.1%
-0.2%
0.2%
0%
0%
0.3%
0.3%
0.2%
-0.1%
0.1%
-0.1%
0%
0.2%
-0.1%
0.1%
-0.1%
0.1%
0.2%
0.1%
0.1%
0.4%
0.4%
0.2%
0.2%
0.2%
0.2%
0%
0.4%
0.2%
0.6%
0.4%
0.4%
0.2%
0.5%
0.5%
0.4%
0.3%
0.5%
0.8%
-0.2%
0.6%
0.5%
0.6%
0.1%
0.5%
0.5%
1.5%
1.4%
1.2%
0.8%
0.2%
0.5%
0.3%
-0.2%
0.2%
-0.1%
-0.2%
1.7%
0.1%
1.6%
1.8%
-0.8%
-0.2%
-0.8%
-0.6%
-2.5%
-0.2%
-2.5%
-2.3%
0.5%
-0.2%
0.5%
0.2%
0.2%
0.3%
0.2%
0.3%
0.2%
-0.1%
0.2%
0.3%
0.5%
-0.1%
0.5%
0.3%
0.4%
0.2%
0.3%
0.1%
0.2%
0.2%
0.1%
0.2%
0.1%
-0.1%
0.1%
0.2%
0.3%
-0.1%
0.2%
0.3%
0.6%
-0.1%
0.4%
0.3%
0.3%
0.1%