The US economy added a meagre 199K jobs in the last month of 2021, well below market forecasts of 400K. Employment continued to trend up in leisure and hospitality (53K); professional and business services (43K); manufacturing (26K); construction (22K); and in transportation and warehousing (19K). Job growth averaged 537K per month in 2021 and the economy added a record 6.44 million jobs last year. Nonfarm employment has increased by 18.8 million since April 2020 but is still down by 3.6 million, or 2.3 percent, from its pre-pandemic level in February 2020. The impact of the rapid spread of the omicron coronavirus variant on the labour market is still uncertain as the December report covered the first two weeks of the month only, before the worst of the spike that began heading into Christmas. source: U.S. Bureau of Labor Statistics

Non Farm Payrolls in the United States averaged 119.52 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 January of 2022.

Non Farm Payrolls in the United States is expected to be 350.00 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.

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United States Non Farm Payrolls


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.
Actual Previous Highest Lowest Dates Unit Frequency
199.00 249.00 4846.00 -20679.00 1939 - 2021 Thousand Monthly

Calendar GMT Actual Previous Consensus TEForecast
2021-12-03 01:30 PM Non Farm Payrolls Nov 210K 546K 550K 550K
2022-01-07 01:30 PM Non Farm Payrolls Dec 199K 249K 400K 425K
2022-02-04 01:30 PM Non Farm Payrolls Jan 199K 250K 90K


Related Last Previous Unit Reference
Unemployment Rate 3.90 4.20 percent Dec/21
Non Farm Payrolls 199.00 249.00 Thousand Dec/21
Nonfarm Payrolls Private 211.00 270.00 Thousand Dec/21
Government Payrolls -12.00 -21.00 Thousand Dec/21
Manufacturing Payrolls 26.00 35.00 Thousand Dec/21
ADP Employment Change 807.00 505.00 Thousand Dec/21
Average Hourly Earnings 0.60 0.40 percent Dec/21
Average Weekly Hours 34.70 34.70 Hours Dec/21
Labor Force Participation Rate 61.90 61.90 percent Dec/21
Job Offers 10562.00 11033.00 Thousand Nov/21
Challenger Job Cuts 19052.00 14875.00 Persons Dec/21
Average Hourly Earnings YoY 4.70 5.10 percent Dec/21


News Stream
US Job Growth Disappoints
The US economy added a meagre 199K jobs in the last month of 2021, well below market forecasts of 400K. Employment continued to trend up in leisure and hospitality (53K); professional and business services (43K); manufacturing (26K); construction (22K); and in transportation and warehousing (19K). Job growth averaged 537K per month in 2021 and the economy added a record 6.44 million jobs last year. Nonfarm employment has increased by 18.8 million since April 2020 but is still down by 3.6 million, or 2.3 percent, from its pre-pandemic level in February 2020. The impact of the rapid spread of the omicron coronavirus variant on the labour market is still uncertain as the December report covered the first two weeks of the month only, before the worst of the spike that began heading into Christmas.
2022-01-07
Nonfarm Payrolls Likely Hit a Record in 2021
Nonfarm payrolls likely increased by 400K in the last month of 2021, pushing the 2021 total to a record of 6.5 million, but still leaving the economy about 3.5 million jobs below its pre-pandemic peak in February of 2020. At the same time, the impact of the rapid spread of the omicron coronavirus variant on the labour market is still uncertain and is unlikely to appear until at least the January report. The unemployment rate is seen dropping to a new pandemic low of 4.1% in December, while wages are expected to increase 0.4% as companies try to retain workers amid a labour shortage.
2022-01-07
US Job Growth Slows to 11-Month Low
The US economy added just 210 thousand jobs in November, the least since a payroll decline in December 2020 and well below market expectations of 550 thousand, as employers continue to report difficulties in hiring and retaining workers. Notable job gains occurred in professional and business services (90K), transportation and warehousing (50K), construction (31K), and manufacturing (31K while employment in retail trade declined by 20K.
2021-12-03