The US economy added 559K jobs in May of 2021, above an upwardly revised 278K in April but below market forecasts of 650K. That leaves employment about 7.6 million jobs below its peak in February 2020. Notable job gains occurred in leisure and hospitality (292K), in public (103K) and private education (41K), and in health care and social assistance (46K). Still, supply constraints, rising inflation and labor shortages are weighing on capacity production as many workers mostly women, remain at home and government subsidies may discourage some workers to find a job. As such, businesses have been struggling to rehire workers to cope with surging demand, prompting them to raise wages in a bid to attract new employees. Yet, hourly earnings surged 0.5%, above forecasts of 0.2%. source: U.S. Bureau of Labor Statistics

Non Farm Payrolls in the United States averaged 116.35 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 June of 2021.

Non Farm Payrolls in the United States is expected to be 380.00 Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Non Farm Payrolls in the United States to stand at 250.00 in 12 months time. 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

Actual Previous Highest Lowest Dates Unit Frequency
559.00 278.00 4846.00 -20679.00 1939 - 2021 Thousand Monthly


Calendar GMT Actual Previous Consensus TEForecast
2021-03-05 01:30 PM Feb 379K 166K 182K 170K
2021-04-02 12:30 PM Mar 916K 468K 647K 680K
2021-05-07 12:30 PM Apr 266K 770K 978K 950K
2021-06-04 12:30 PM May 559K 278K 650K 610K
2021-07-02 12:30 PM Jun 559K 420K
2021-08-06 12:30 PM Jul
2021-09-03 12:30 PM Aug
2021-10-08 12:30 PM Sep


News Stream
US Economy Adds Less Jobs than Expected
The US economy added 559K jobs in May of 2021, above an upwardly revised 278K in April but below market forecasts of 650K. That leaves employment about 7.6 million jobs below its peak in February 2020. Notable job gains occurred in leisure and hospitality (292K), in public (103K) and private education (41K), and in health care and social assistance (46K). Still, supply constraints, rising inflation and labor shortages are weighing on capacity production as many workers mostly women, remain at home and government subsidies may discourage some workers to find a job. As such, businesses have been struggling to rehire workers to cope with surging demand, prompting them to raise wages in a bid to attract new employees. Yet, hourly earnings surged 0.5%, above forecasts of 0.2%.
2021-06-04
US Job Growth Likely Accelerated in May
The US economy likely added 650K jobs in May of 2021, well above 266K in April, as the economic recovery gathers steam amid a successful vaccination campaign and government support. That would leave employment about 7.6 million jobs below its peak in February 2020. Still, supply constraints, rising inflation and labor shortages are weighing on capacity production as many workers mostly women, remain at home and government subsidies may discourage some workers to find a job. As such, businesses have been struggling to rehire workers to cope with surging demand, prompting them to raise wages in a bid to attract new employees. Average hourly earnings are forecast to rise 0.2% after surging 0.7% in April, pushing the annual rate to 1.6% from 0.3%. The May report will provide a more clear picture about the labour market status, show if existent shortages are likely to be temporary and could set the tone for the Fed's early tapering talks.
2021-06-04
US Jobs Growth Disappoints
The US economy added 266K jobs in April of 2021, following a downwardly revised 770K rise in March and well below market expectations of 978K, as employers face worker shortage. Notable job gains in leisure and hospitality (331K), other services (44K), and local government education (31K) were partially offset by losses in temporary help services (-111K) and in couriers and messengers (-77K). Jobs also fell in manufacturing (-18K) and retail trade (-15K) and were unchanged in construction. In April, nonfarm employment is down by 8.2 million, or 5.4%, from its pre-pandemic level in February 2020. Shortages of skilled workers and the supply of parts and materials could hurt factory employment in the short-run. Some analysts also consider that enhanced unemployment benefits are keeping people at home and not taking jobs.
2021-05-07
US Employers Likely Added 978K Jobs in April
Nonfarm payrolls in the US likely increased by 978K in April of 2021, which would be the strongest employment growth in 8 months, following a 916K rise in March. Job gains in April were likely led by the leisure and hospitality industry, manufacturing and construction as more businesses including restaurants and bars reopen, companies rushed to boost production amid a surge in demand and as the coronavirus vaccination campaign and government support continues. Still, that would leave the economy about 7.5 million jobs short of the peak in February of 2020, as the job market still has a long way to go before fully recovering from the pandemic shock. Also, shortages of skilled workers and the supply of parts and materials could hurt factory employment in the short-run.
2021-05-07

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.