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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 2025 159398 ±0
1 Apr 2025 159503 ±43
2 May 2025 159570 ±48
3 Jun 2025 159441 ±51
4 Jul 2025 159266 ±53
5 Aug 2025 159320 ±54
6 Sep 2025 159129 ±56
7 Oct 2025 158763 ±57
8 Nov 2025 158272 ±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:

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 30, 2025
Indicator Value
S&P 500 5569.06
U.S. GDP Growth, YoY % 2.05
U.S. Inflation Rate, % 2.39
Gold Price, $/oz-t 3287.30
Crude Oil Futures, $/bbl 58.21
U.S. 10 Year Treasury, % 4.17

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