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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 Oct 2021 148319 ±0
1 Nov 2021 148570 ±43
2 Dec 2021 148880 ±48
3 Jan 2022 149180 ±51
4 Feb 2022 149450 ±53
5 Mar 2022 149780 ±54
6 Apr 2022 149960 ±56
7 May 2022 150250 ±57
8 Jun 2022 150480 ±58

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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:

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Current Economic Indicators
November 26, 2021
Indicator Value
S&P 500 4594.62
U.S. GDP Growth, YoY % 4.90
U.S. Inflation Rate, % 6.22
Gold Price, $/oz-t 1791.80
Crude Oil Futures, $/bbl 68.17
U.S. 10 Year Treasury, % 1.48

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