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U.S. Nonfarm Payrolls Forecast

U.S. Total Nonfarm Payrolls Forecast Values

Total Nonfarm Payroll Jobs. Thousands of People, Seasonally Adjusted.

Month Date Forecast Value Avg Error
0 Sep 2017 146,659.0 ±0
1 Oct 2017 146,781 ±41
2 Nov 2017 146,920 ±55
3 Dec 2017 147,041 ±66
4 Jan 2018 147,261 ±74
5 Feb 2018 147,471 ±82
6 Mar 2018 147,661 ±89

Updated Oct 2017

Chart of Nonfarm Payroll Jobs with Forecast.

Thousand People, Seasonally Adjusted.

Chart of Payroll Employment with Forecast

U.S. Total Nonfarm Payroll

The U.S. Total Nonfarm Payroll is a measure of the number of U.S. workers in the economy that excludes proprietors, private household employees, unpaid volunteers, farm employees and the unincorporated self-employed.  This measure accounts for approximately 80 percent of the workers who contribute to Gross Domestic Product (GDP).


The total nonfarm payroll provides useful insights into the current economic situation because it can represent the number of jobs added or lost in an economy.  Increases in employment might indicate that businesses are hiring which might also suggest that businesses are growing.  Additionally, those who are newly employed may have increased their personal incomes, which means (all else constant) their disposable incomes may have also increased.

Other U.S. Employment Resources:

A long range forecast for Nonfarm Payroll, Unemployment Rate and similar economic series is available by subscription.  Click here for more information or to subscribe.

Current Economic Indicators
November 16, 2017 (Close of Day)
Indicator Value
S&P 500 2,584.64
US GDP Growth, % 2.26
US Inflation Rate, % 2.04
US Unemployment Rate, % 4.1
Gold Price, $/oz 1,280.00
WTI Crude Oil Futures, $/bbl 55.14
US 10 Yr Treasury, % 2.37

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