…Why then is the NFP method, ah…allowed. It seems to me just a less effective, more labor intensive form of contraception.
Some “basics” in moral theology might help clarify…
Something evil cannot be a “means” or an “end.” So, the goal of regulating birth is not evil as an “end.” That can certainly be a “good” end, and a necessary part of responsible parenting. However, it is insufficient that the “goal” or “end” be morally licit, but also the “means” in which one chooses must also be morally licit.
For example, it is a “good” goal to want to love and raise a child. However, if one were to use as their “means” the act of kidnapping to achieve their goal, it would be immoral, no matter the “good” intention.
The means of NFP is abstinence. Abstaining from having sex is clearly a “good,” or at least not instrinsically immoral. I’m abstaining right at this very moment.

Mary abstained. Jesus abstained. Can’t be a bad thing, instrinsically speaking.
However, when you will something (such as sex), inherent to willing it is the intention of the act itself. “Reproduction” is the biological purpsose of what biologist call the “Reproduction system.” Funny how they named it that, huh?
It’s not the “orgasm system.” It’s not the “pleasure system.” It’s the “Reproductive system.” So, inherent to the act is what ethicists call “the goal of the work” which is reproduction or
procreation.
When you will something, by deliberately choosing that “will-act” you inherently also will the “goal of the work.” When you will contraception, you contradict human reason, because you are simultaneously willing something and not willing something at the same time, which is irrational and opposed human nature, and is therefore morally illicit from a “natural law” perspective.
We have more than natural law to help us, however. We also have Divine revelation. Onan, in the book of Genesis, sinned mortally when he contracepted. This was considered a grave sin by Jews well before the advent of Christ, and throughout the entire history of Christianity, throughout every century it was considered a grave sin.
So, natural law arguments support the belief that contraception is immoral, Divine law explicitly tells us it is a grave sin, and Christian tradition always taught that it was grave sin.
So, the morality of doing something instrinsically evil is evaluated differently than the morality of omitting doing something good. That’s why NFP differs from articificial birth control.
Fr. Gerald Kelly, S.J. explained the moral distinction between NFP and artificial birth control very accurately and succinctly in his book,
Medico-Moral Problems (1958):“The Church teaches that contraception is a sin because it means
doing what is evil. It is not the same with [Natural Family Planning (NFP)]. Those who practice [NFP]
do nothing evil. They simply
omit doing something good — that is, they abstain from intercourse at the time when it might be fertile. Therefore, the morality of using [NFP] must be judged in the same way as other omissions:
if the abstinence from intercourse is a neglect of duty, it is sinful; if it does not imply a neglect of duty, it is not sinful.”Contraception involves contrary human acts, one which wills conception while simultaneously wills human acts
contra-conception (contraception).
Articifial birth control, furthermore, has terrible side effects. For instance, studies show the “pill” lowers a woman’s immunity, which increases the likelihood of contracting all sorts of deadly diseases, including sexually transmitted diseases. The “pill” is also a carcinogen, which combined with a lower immunity is likely to result in increased cancer among women (by the way, the cancer rate in men is declining, but the cancer rate in women is increasing). Condom use doesn’t have such side effects, but it is not as effective as a method of birth control.
You stated that NFP is “less effective.” That’s incorrect.
NFP (specifically the Sympto-Thermal Method) is the
MOST EFFECTIVE method according to medical studies (see
here), and it has NO medical risks.