NFP stands for Nonfarm Payroll, which is a monthly report that estimates the net number of jobs gained in the US in the previous month, excluding those in farms, private households, and nonprofit organizations. The NFP report is a key economic indicator for the United States and is released on the first Friday of each month. The report provides the total monthly increase or decrease in paid US workers across most businesses. The NFP report is important because it is a good indicator of the current state of the economy. The financial assets most affected by the NFP data include the US dollar, equities, and gold. The NFP report consistently causes one of the largest rate movements of any news announcement in the foreign exchange (forex) market. Forex traders use an economic calendar to prepare for NFP releases and must be wary of data releases like the NFP because they could get stopped-out due to the sudden increase in volatility.