The US economy added 531K jobs in October of 2021, the most in 3 months and above market forecasts of 450K as Covid-19 cases dropped and employers offered higher wages and more flexible hours. The biggest job gains occurred in leisure and hospitality (164K), in professional and business services (100K), in manufacturing (60K), and in transportation and warehousing (54K) while employment in public education declined (-65K). So far this year, monthly job growth has averaged 582K. Nonfarm employment has increased by 18.2 million since a recent trough in April 2020 but is down by 4.2 million from its pre-pandemic level. Labour shortages continue to weigh even after federal government-funded unemployment benefits have expired and schools reopened. Some investors believe such shortages could get worse due to the White House's vaccine mandate. source: U.S. Bureau of Labor Statistics

Non Farm Payrolls in the United States averaged 119.23 Thousand from 1939 until 2021, 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 November of 2021.

Non Farm Payrolls in the United States is expected to be 550.00 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 2022, according to our econometric models.

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United States Non Farm Payrolls


Calendar GMT Actual Previous Consensus TEForecast
2021-10-08 12:30 PM Sep 194K 366K 500K 475K
2021-11-05 12:30 PM Oct 531K 312K 450K 400K
2021-12-03 01:30 PM Nov 531K 550K 550K


Related Last Previous Unit Reference
Unemployment Rate 4.60 4.80 percent Oct/21
Non Farm Payrolls 531.00 312.00 Thousand Oct/21
Nonfarm Payrolls Private 604.00 365.00 Thousand Oct/21
Government Payrolls -73.00 -53.00 Thousand Oct/21
Manufacturing Payrolls 60.00 31.00 Thousand Oct/21
ADP Employment Change 571.00 523.00 Thousand Oct/21
Average Hourly Earnings 0.40 0.60 percent Oct/21
Average Weekly Hours 34.70 34.80 Hours Oct/21
Labor Force Participation Rate 61.60 61.60 percent Oct/21
Job Offers 10438.00 10629.00 Thousand Sep/21
Challenger Job Cuts 22822.00 17895.00 Persons Oct/21
Average Hourly Earnings YoY 4.90 4.60 percent Oct/21

News Stream
Nonfarm Payrolls Top Forecasts
The US economy added 531K jobs in October of 2021, the most in 3 months and above market forecasts of 450K as Covid-19 cases dropped and employers offered higher wages and more flexible hours. The biggest job gains occurred in leisure and hospitality (164K), in professional and business services (100K), in manufacturing (60K), and in transportation and warehousing (54K) while employment in public education declined (-65K). So far this year, monthly job growth has averaged 582K. Nonfarm employment has increased by 18.2 million since a recent trough in April 2020 but is down by 4.2 million from its pre-pandemic level. Labour shortages continue to weigh even after federal government-funded unemployment benefits have expired and schools reopened. Some investors believe such shortages could get worse due to the White House's vaccine mandate.
2021-11-05
Nonfarm Payrolls Seen at 3-Month High
The US economy likely added 450K jobs in October which would be the biggest job growth in 3 months after adding a meagre 194K in September, as the economy recovers from the coronavirus delta hit during the summer period. Still, employment in education likely remained subdued and labour shortages continue to weigh even after federal government-funded unemployment benefits have expired and schools reopened. Some investors believe such shortages could get worse due to the White House's vaccine mandate. With the October reading, employment would be about 4.5 million jobs below its peak in February 2020.
2021-11-05
US Nonfarm Payrolls Disappoint
The US economy added a meager 194K jobs in September, of 2021, the lowest so far this year and well below forecasts of 500K. Job gains occurred in leisure and hospitality (74K), professional and business services (60K), retail trade (56K), and transportation and warehousing (47K). Meanwhile, employment declined sharply in public education (-161K) and in health care (-18K). Nonfarm employment has increased by 17.4 million since a recent trough in April 2020 but is down by 5.0 million, or 3.3 percent, from its pre-pandemic level in February 2020. “Recent employment changes are challenging to interpret, as pandemic-related staffing fluctuations in public and private education have distorted the normal seasonal hiring and layoff patterns,” the Bureau of Labor Statistics said in the release.
2021-10-08

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.