The US economy added 528K jobs in July of 2022, much better than market forecasts of 250K and above an upwardly revised 398K in June. The biggest job gains occurred in leisure and hospitality (96K), particularly in food services and drinking places (74K); professional and business services (89K), including management of companies and enterprises (13K), architectural and engineering services (13K), management and technical consulting services (12K), and scientific research and development services (10K); and health care (70K). Total nonfarm employment has increased by 22.0 million since hitting a trough in April 2020 and has returned to the pre-pandemic level. Private-sector employment is 629K higher than in February 2020, although several sectors have yet to recover. On the other hand, government employment is still 597K lower than its pre-pandemic level. source: U.S. Bureau of Labor Statistics

Non Farm Payrolls in the United States averaged 122.37 Thousand from 1939 until 2022, reaching an all time high of 4846 Thousand in June of 2020 and a record low of -20679 Thousand in April of 2020. This page provides the latest reported value for - United States Non Farm Payrolls - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United States Non Farm Payrolls - data, historical chart, forecasts and calendar of releases - was last updated on August of 2022.

Non Farm Payrolls in the United States is expected to be 300.00 Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United States Non Farm Payrolls is projected to trend around 280.00 Thousand in 2023, according to our econometric models.

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United States Non Farm Payrolls



Calendar GMT Actual Previous Consensus TEForecast
2022-07-08 12:30 PM Jun 372K 384K 268K 300K
2022-08-05 12:30 PM Jul 528K 398K 250K 290K
2022-09-02 12:30 PM Aug 528K 270K


Related Last Previous Unit Reference
Unemployment Rate 3.50 3.60 percent Jul 2022
Non Farm Payrolls 528.00 398.00 Thousand Jul 2022
Government Payrolls 57.00 -6.00 Thousand Jul 2022
Nonfarm Payrolls Private 471.00 404.00 Thousand Jul 2022
Manufacturing Payrolls 30.00 27.00 Thousand Jul 2022
ADP Employment Change 128.00 202.00 Thousand May 2022
Average Hourly Earnings 0.50 0.40 percent Jul 2022
Average Weekly Hours 34.60 34.60 Hours Jul 2022
Labor Force Participation Rate 62.10 62.20 percent Jul 2022
Job Offers 10698.00 11303.00 Thousand Jun 2022
Challenger Job Cuts 25810.00 32517.00 Persons Jul 2022
Average Hourly Earnings YoY 5.20 5.20 percent Jul 2022

United States Non Farm Payrolls
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.
Actual Previous Highest Lowest Dates Unit Frequency
528.00 398.00 4846.00 -20679.00 1939 - 2022 Thousand Monthly

News Stream
US Economy Adds More Jobs Than Expected
The US economy added 528K jobs in July of 2022, much better than market forecasts of 250K and above an upwardly revised 398K in June. The biggest job gains occurred in leisure and hospitality (96K), particularly in food services and drinking places (74K); professional and business services (89K), including management of companies and enterprises (13K), architectural and engineering services (13K), management and technical consulting services (12K), and scientific research and development services (10K); and health care (70K). Total nonfarm employment has increased by 22.0 million since hitting a trough in April 2020 and has returned to the pre-pandemic level. Private-sector employment is 629K higher than in February 2020, although several sectors have yet to recover. On the other hand, government employment is still 597K lower than its pre-pandemic level.
2022-08-05
US Labour Market Set to Cool Down
The US economy likely added 250K payrolls in July of 2022, the smallest gain since December 2020, in the latest sign of easing demand in the labor market amid sky-high inflation and tighter monetary policy. Still, the pace was probably strong enough to keep the unemployment rate at 3.6% for a fifth straight month, painting a picture of a still healthy economy despite back-to-back quarters of GDP contraction.
2022-08-05
NFP Beat Forecasts at 372K
The American economy added 372K payrolls in June of 2022, much better than market forecasts of 268K and only slightly below a downwardly revised 384K in May. Figures came in line with the average monthly gain of 383K over the prior 3 months, still pointing to a tight labour market. Notable job growth occurred in professional and business services (74K), namely management of companies and enterprises (12K), computer systems design and related services (10K); leisure and hospitality (67K), mainly food services and drinking places (41K); and health care (57K), including ambulatory health care services (28K), and hospitals (21K). Also, employment in manufacturing increased by 29K and has returned to its February 2020 level. June figures leave nonfarm employment down by only 524K or 0.3%cent, from its pre-pandemic level in February 2020. Private-sector employment has recovered the job losses due to the pandemic and is 140K higher than in February 2020.
2022-07-08