The US economy added 4.8 million jobs in June, the most on record and beating expectations of 3 million. It follows an upwardly revised 2.7 million rise in May reflecting a partial resumption of economic activity that had been curtailed due to the coronavirus pandemic in April and March when employment fell by a total of 22.2 million in the 2 months combined. However, the job market still has a long way for a full recovery. Many economists believe the numbers do not capture the full scale of job losses as many are being still classified as employed but are absent from work. In addition, several states are scaling back or pausing reopening efforts to respond to the second wave of coronavirus infections and more people may lose their jobs.

Non Farm Payrolls in the United States averaged 110.42 Thousand from 1939 until 2020, reaching an all time high of 4800 Thousand in June of 2020 and a record low of -20787 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 July of 2020. source: U.S. Bureau of Labor Statistics

Non Farm Payrolls in the United States is expected to be 4000.00 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 280.00 in 12 months time. In the long-term, the United States Non Farm Payrolls is projected to trend around 107.00 Thousand in 2021 and 170.00 Thousand in 2022, according to our econometric models.

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United States Non Farm Payrolls

Actual Previous Highest Lowest Dates Unit Frequency
4800.00 2699.00 4800.00 -20787.00 1939 - 2020 Thousand Monthly


Calendar GMT Actual Previous Consensus TEForecast
2020-04-03 12:30 PM Mar -701K 275K -100K -150K
2020-05-08 12:30 PM Apr -20500K -870K -22000K -21780K
2020-06-05 12:30 PM May 2509K -20687K -8000K -8870K
2020-07-02 12:30 PM Jun 4800K 2699K 3000K 2900K
2020-08-07 12:30 PM Jul 4800K 2200K
2020-09-04 12:30 PM Aug
2020-10-02 12:30 PM Sep 4000K
2020-11-06 01:30 PM Oct


News Stream
Nonfarm Payrolls Top 4.8 Million
The US economy added 4.8 million jobs in June of 2020, the most on record, beating expectations of 3 million. It follows an upwardly revised 2.7 million rise in May. These gains reflect a partial resumption of economic activity that had been curtailed due to the coronavirus pandemic in April and March, when employment fell by a total of 22.2 million in the 2 months combined. Employment in leisure and hospitality rose sharply in June. Notable job gains also occurred in retail trade, education and health services, other services, manufacturing, and professional and business services. Employment continued to decline in mining. However, the job market still has a long way to full recovery. Many economists believe the numbers do not capture the full scale of job loses as many are being still classified as employed but are absent from work. Also, with the second wave of coronavirus in the US and several states scaling back or pausing reopening, more people will lose their jobs.
2020-07-02
Nonfarm Payrolls Seen Rising to Record 3M
The US economy likely added 3 million jobs in June, a new record high as more businesses reopened after the coronavirus lockdown. It would be the second straight month of employment gains after the economy lost a record 20.68 million jobs in April. The jobless rate is seen declining to 12.3 percent from 13.3 percent. However, the job market still has a long way to full recovery. Many economists believe the numbers do not capture the full scale of job loses as many are being still classified as employed but are absent from work. Also, with the second wave of coronavirus in the US and several states scaling back or pausing reopening, more people will lose their jobs.
2020-07-02
US Economy Unexpectedly Adds 2.5 Million Jobs
The US economy unexpectedly added 2.5 million jobs in May, the most on record, beating expectations of an 8 million cut, and after declining by a record high of 20.7 million in April. Large employment increases occurred in leisure and hospitality, construction, education and health services, and retail trade while government employment continued to decline sharply. The change in total nonfarm payroll employment for March was revised down by 492,000 to -1.4 million, and the change for April was revised down by 150,000 to -20.7 million. Figures for May suggested the economic recovery in the US may happen much faster than initially expected. However, riots and looting during protests over the death of George Floyd can be a threat to the recovery as many states have declared the state of emergency and set curfews while mass protests could lead to the second wave of coronavirus cases.
2020-06-05
Non Farm Payrolls Seen at 8M, Jobless Rate at Near 20%
The US economy is likely to shed 8 million jobs in May, after losing a record 20.5 million in the previous month and bringing the total job losses to 29.4 million. Due to lockdown measures set to stop the spread of COVID-19, most businesses were forced to close in the middle of March and only started to reopen in mid-May. The unemployment rate is seen hitting a new record high of 19.8% from 14.7% in April and closer to 25% estimated during the Great Depression. In April, job losses were widespread, with the largest 7.7 million decline occurring in leisure and hospitality including three-quarters in food services and drinking places (-5.5 million). Employment also fell in the arts, entertainment, and recreation industry (-1.3 million) and in the accommodation industry (-839,000).
2020-06-05

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.