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. source: U.S. Bureau of Labor Statistics
Non Farm Payrolls in the United States averaged 115.89 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 May 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.