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.