The US economy added 49K jobs in January of 2021, compared to market expectations of a 50K rise. It follows a shuddering halt in December as Covid-19 restrictions on businesses started to ease last month due to a lower number of new infections and hospitalizations and the speed-up in vaccination. In January, notable job gains in professional and business services and in both public and private education were offset by losses in leisure and hospitality, in retail trade, in health care, and in transportation and warehousing. However, it is a small gain that leaves the economy about 10 million jobs short from the peak in February of 2020. The change in total nonfarm payroll employment for November was revised down by 72,000 to +264,000, and the change for December was revised down by 87,000 to -227,000. With these revisions, employment in November and December combined was 159,000 lower than previously reported. source: U.S. Bureau of Labor Statistics

Non Farm Payrolls in the United States averaged 114.54 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 February of 2021.

Non Farm Payrolls 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. Looking forward, we estimate Non Farm Payrolls in the United States to stand at 250.00 in 12 months time. In the long-term, the United States Non Farm Payrolls is projected to trend around 280.00 Thousand in 2022, according to our econometric models.

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United States Non Farm Payrolls

Actual Previous Highest Lowest Dates Unit Frequency
49.00 -227.00 4846.00 -20679.00 1939 - 2021 Thousand Monthly


Calendar GMT Actual Previous Consensus TEForecast
2020-11-06 01:30 PM Oct 638K 672K 600K 510K
2020-12-04 01:30 PM Nov 245K 610K 469K 500K
2021-01-08 01:30 PM Dec -140K 336K 71K 112K
2021-02-05 01:30 PM Jan 49K -227K 50K 45K
2021-03-05 01:30 PM Feb 49K 110K
2021-04-02 12:30 PM Mar
2021-05-07 12:30 PM Apr
2021-06-04 12:30 PM May


News Stream
US Job Growth Rebounds
The US economy added 49K jobs in January of 2021, compared to market expectations of a 50K rise. It follows a shuddering halt in December as Covid-19 restrictions on businesses started to ease last month due to a lower number of new infections and hospitalizations and the speed-up in vaccination. In January, notable job gains in professional and business services and in both public and private education were offset by losses in leisure and hospitality, in retail trade, in health care, and in transportation and warehousing. However, it is a small gain that leaves the economy about 10 million jobs short from the peak in February of 2020. The change in total nonfarm payroll employment for November was revised down by 72,000 to +264,000, and the change for December was revised down by 87,000 to -227,000. With these revisions, employment in November and December combined was 159,000 lower than previously reported.
2021-02-05
Non Farm Payrolls Expected at 50K
Nonfarm payrolls in the US likely increased by 50K in January of 2021 after coming to a shuddering halt in December as Covid-19 restrictions on businesses started to ease last month due to a lower number of new infections and hospitalizations and the speed-up in vaccination. However, it is a small gain that would still leave the economy about 10 million jobs short from the peak in February of 2020. Meanwhile, President Biden unveiled a $1.9 trillion stimulus plan which includes unemployment benefits and direct payments to Americans but the package hasn't been approved yet and there are doubts over whether Congress will pass it. The Congressional Budget Office estimates the number of employed Americans won't return to its pre-pandemic level until 2024 while global immunization is moving slower than expected and the pandemic remains far from controlled, still posing many challenges to the labour market.
2021-02-05
US Employers Unexpectedly Cut 140K Jobs
The US economy cut 140K jobs in December, well below market expectations of a 71K rise. It is the first drop in employment since the job market started to recover in May from a record 20.787 million loss in April. Employment declines in leisure and hospitality (-498K), private education (-63K), and government (-45K) were partially offset by gains in professional and business services (+161K), retail trade (+121K), construction (+51K), and transportation and warehousing (+47K). In December, nonfarm employment was below its February level by 9.8 million, or 6.5%. The outlook for the job market seems brighter in 2021 however, as a recently approved stimulus package of around $900 billion will provide support for around 19 million people receiving unemployment benefits and a new Democrat-led House and Senate and the new Biden administration are set to work on additional fiscal support.
2021-01-08
Nonfarm Payrolls Seen at 8-Month Low
Nonfarm payrolls in the US likely increased by 71 thousand in December of 2020, the least since a record 20.78 million drop in April and much below 245 thousand reported in November. It would also be the 6th consecutive month of slowdown in hiring as rising coronavirus infections and restrictions continue to hit hard the economy. The projected gain would leave employment 9.7 million below its February peak and some analysts even see a possibility of job losses. The ADP report showed private companies unexpectedly shed 123K jobs and the Challenger report showed layoffs increased by 18.9%. However, the outlook for the job market seems brighter in 2021 as a recently approved stimulus package of around $900 billion will provide support for around 19 million people receiving unemployment benefits and a new Democrat-led House and Senate and the new Biden administration are set to work on additional fiscal support.
2021-01-08

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.