United States Non Farm Payrolls

Last Release

Aug 31, 2024

Actual

142

Units In

Thousand

Frequency

Monthly

Next Release

Oct 04, 2024

Time to Release

26 Days 18 Hours

Highest	Lowest	Average	Date Range	Source
4,846 Jun 2020	-20,679 Apr 2020	125.42 Thousand	1939-2024	U.S. Bureau of Labor Statistics

Nonfarm payrolls is an employment report released monthly, usually on the first Friday of every month, and heavily affects the US dollar, the bond market and the stock market. Current Employment Statistics (CES) program from the U.S. Department of Labor Bureau of Labor Statistics, surveys about 141,000 businesses and government agencies, representing approximately 486,000 individual work sites, in order to provide detailed industry data on employment, hours, and earnings of workers on nonfarm payrolls.

Latest Updates

The US economy added 142K jobs in August 2024, more than a downwardly revised 89K in July but below forecasts of 160K. Job gains occurred in construction (34K); health care (31K), namely ambulatory health care services (24K); government (24K); and social assistance (13K). In contrast, employment declined in manufacturing (-24K), reflecting a drop of 25K in durable goods industries. Employment showed little change in mining, quarrying, and oil and gas extraction; wholesale trade; retail trade; transportation and warehousing; information; financial activities; professional and business services; and leisure and hospitality. Employment growth in August was in line with average job growth in recent months but was below the average monthly gain of 202K over the prior 12 months. Meanwhile, July figures were revised lower by 25K and June by 61K.