The US economy added 528K jobs in July of 2022, much better than market forecasts of 250K and above an upwardly revised 398K in June. The biggest job gains occurred in leisure and hospitality (96K), particularly in food services and drinking places (74K); professional and business services (89K), including management of companies and enterprises (13K), architectural and engineering services (13K), management and technical consulting services (12K), and scientific research and development services (10K); and health care (70K). Total nonfarm employment has increased by 22.0 million since hitting a trough in April 2020 and has returned to the pre-pandemic level. Private-sector employment is 629K higher than in February 2020, although several sectors have yet to recover. On the other hand, government employment is still 597K lower than its pre-pandemic level. source: U.S. Bureau of Labor Statistics
Non Farm Payrolls in the United States averaged 122.37 Thousand from 1939 until 2022, 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 August of 2022.
Non Farm Payrolls in the United States is expected to be 300.00 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 2023, according to our econometric models.