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US Government Payrolls is one of the US labor market indicators. It reflects the number of new jobs created in the public sector in the given month.
A higher reading is an indication of a stronger labor market.
The chart of the entire available history of the "United States Government Payrolls" macroeconomic indicator. The dashed line shows the forecast values of the economic indicator for the specified dates.
A significant deviation of a real value from a forecast one may cause a short-term strengthening or weakening of a national currency in the Forex market. The threshold values of the indicators signaling the approach of the critical state of the national (local) economy occupy a special place.