Private nonfarm payrolls in the US increased by 301 thousand jobs in December 2018, following an upwardly revised 173 thousand rise in November and easily beating below market expectations of 175 thousand. Nonfarm Payrolls Private in the United States averaged 109.05 Thousand from 1950 until 2018, reaching an all time high of 1089 Thousand in September of 1983 and a record low of -821 Thousand in April of 2009.
Nonfarm Payrolls Private in the United States is expected to be 188.00 Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Nonfarm Payrolls Private in the United States to stand at 142.00 in 12 months time. In the long-term, the United States Nonfarm Payrolls - Private is projected to trend around 161.00 Thousand in 2020, according to our econometric models.