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U.S. Total Nonfarm Payrolls Forecast

U.S. Total Nonfarm Payrolls Forecast

Total Nonfarm Payroll Jobs. Thousands People Seasonally Adjusted.
Month Date Forecast Value Avg Error
0 Nov 2016 145,128.0 ±0
1 Dec 2016 145,309 ±42
2 Jan 2017 145,449 ±57
3 Feb 2017 145,494 ±67
4 Mar 2017 145,474 ±76
5 Apr 2017 145,368 ±84
6 May 2017 145,240 ±91

Updated Dec 2016

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U.S. Total Nonfarm Payroll Labor Force

Chart of Nonfarm Payroll Jobs with Current Projection
Thousand People Seasonally Adjusted.
Chart of Payroll Jobs Labor Force with Forecast

U.S. Total Nonfarm Payroll Description

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 have increased their personal incomes which means (all else constant) their disposable incomes have also increased thus fostering further economic expansion.

Other Payroll Jobs Links of Interest:
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Current Economic Indicators
January 13, 2017 (Close of Day)
Indicator Value
S&P 500 2,274.64
US GDP Growth, % 1.65
US Inflation Rate, % 1.69
US Unemployment Rate, % 4.7
Gold Price, $/oz 1,190.35
WTI Oil Price, $/bbl 52.52
US 10 Yr Treasury, % 2.40
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