Private payrolls in the United States increased by 265K in February of 2023, following a downwardly revised 386K in January, and beating market forecasts of 210K. Notable job gains occurred in leisure and hospitality (105K), retail trade (50K), professional and business services and health care (44K) while job losses were recorded in the information industry (-25K) and transportation and warehousing (-22K). source: U.S. Bureau of Labor Statistics

Nonfarm Payrolls Private in the United States averaged 106.00 Thousand from 1939 until 2023, reaching an all time high of 4554.00 Thousand in June of 2020 and a record low of -19600.00 Thousand in April of 2020. This page provides the latest reported value for - United States Nonfarm Payrolls - Private - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United States Nonfarm Payrolls - Private - data, historical chart, forecasts and calendar of releases - was last updated on March of 2023.

Nonfarm Payrolls Private in the United States is expected to be 200.00 Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United States Nonfarm Payrolls - Private is projected to trend around 170.00 Thousand in 2024 and 160.00 Thousand in 2025, according to our econometric models.

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United States Nonfarm Payrolls - Private

Calendar GMT Actual Previous Consensus TEForecast
2023-02-03 01:30 PM Jan 443K 269K 190K 190K
2023-03-10 01:30 PM Feb 265K 386K 210K 180K
2023-04-07 12:30 PM Mar 265K 200.0K

Related Last Previous Unit Reference
Unemployment Rate 3.60 3.40 percent Feb 2023
Non Farm Payrolls 311.00 504.00 Thousand Feb 2023
Government Payrolls 46.00 118.00 Thousand Feb 2023
Nonfarm Payrolls Private 265.00 386.00 Thousand Feb 2023
Manufacturing Payrolls -4.00 13.00 Thousand Feb 2023
Unemployed Persons 5936.00 5694.00 Thousand Feb 2023
Employed Persons 160315.00 160138.00 Thousand Feb 2023
Average Hourly Earnings 0.20 0.30 percent Feb 2023
Average Weekly Hours 34.50 34.60 Hours Feb 2023
Labor Force Participation Rate 62.50 62.40 percent Feb 2023
Long Term Unemployment Rate 0.64 0.67 percent Feb 2023
Youth Unemployment Rate 8.10 8.00 percent Feb 2023
Labour Costs 128.93 127.92 points Dec 2022
Productivity 113.25 112.79 points Dec 2022
Wages 28.42 28.26 USD/Hour Feb 2023
Wages in Manufacturing 25.76 25.93 USD/Hour Feb 2023
Employment Cost Index 1.00 1.20 percent Dec 2022
Average Hourly Earnings YoY 4.60 4.40 percent Feb 2023
Part Time Employment 27089.00 27400.00 Thousand Feb 2023
Employment Rate 60.20 60.20 percent Feb 2023
Full Time Employment 133184.00 132577.00 Thousand Feb 2023

United States Nonfarm Payrolls - Private
Private Nonfarm Payrolls measures the change in the number of total payrolls in any business, excluding general government employees, private household employees, employees of nonprofit organizations that provide assistance to individuals and farm employees.
Actual Previous Highest Lowest Dates Unit Frequency
265.00 386.00 4554.00 -19600.00 1939 - 2023 Thousand Monthly