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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 Mar 2018 148230 ±0
1 Apr 2018 148397 ±53
2 May 2018 148509 ±62
3 Jun 2018 148663 ±67
4 Jul 2018 148865 ±71
5 Aug 2018 149086 ±74
6 Sep 2018 149334 ±76

Updated April 2018

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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
April 23, 2018 (Close of Day)
Indicator Value
S&P 500 2,670.29
US GDP Growth, % 2.58
US Inflation Rate, % 2.36
US Unemployment Rate, % 4.1
Gold Price, $/oz 1,324.30
WTI Crude Oil Futures, $/bbl 68.92
US 10 Yr Treasury, % 2.98

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