Nonfarm payrolls (jobs created)We are inching closer to a recession and economic turmoil.
Stock markets ALWAYS drop when this happens.
Key data points
Last release
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Observation period
Feb 2025
Next release
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Forecast
135.00 K PSN
Highest
4.62 M PSN on Jun 30, 2020
Lowest
−20.48 M PSN on Apr 30, 2020
About United States Nonfarm Payrolls (Jobs Created)
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.
US Unemployed to Employed as Indicator of Job Market HealthIn this chart, we use the following symbols: ECONOMICS:USNFP , FRED:UNEMPLOY
ECONOMICS:USNFP represents the number of jobs created in a month. FRED:UNEMPLOY represents the number of unemployed individuals for a month.
Assuming exactly 1 payroll per person , the ratio 100 * ECONOMICS:USNF
$USNFP -U.S Non-Farm Payrolls (MoM)$YSNFP (AUGUST/2024)
US Economy Adds Fewer Jobs Than Expected
source: U.S. Bureau of Labor Statistics
- The US economy created 142K jobs in August, more than downwardly revised 89K in July but below market expectations of 160K.
Most job gains occurred in construction and health care while manufa
U.S. Non Farm Payrolls U.S. Non Farm Payrolls
Rep: 353k ✅ MUCH HIGHER than Expected ✅
Exp: 187k
Prev: 333k
U.S. economy adds 353,000 jobs in January
Based on revised figures we have increased the jobs added to the U.S from 150k in Nov 2023 gradually increasing to 353k for the month of Jan 2024.
Build Back BetterBuild Back Better is a disaster for the economy. Banks are failing and Inflation is killing middle class America. The wealthy are above inflation rates in a top down economy where they receive their money before the full effect of inflation kicks in at the lower levels. "Trickle Down Economics".
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Is the US Economy Actually adding more jobs than expected?If you have been living under a rock for the past few days, unless you are not an economic savvy, the Bureau of Labor Statistics has released its newest Non-Farm Payrolls much above the expectation. The NFP rose by 263,000 last month, compared with an expected 200,000.
At first, my reaction was th
NFP 261K is mid!
2016-2017 NFP Average = 168k (Trump Era)
2017-2018 NFP Average = 198k
2018-2019 NFP Average = 164k
2019-2020 NFP Average = -796k (COVID-19)
2020-2021 NFP Average = 474k (Biden Era)
2021-2022 NFP Average = 410k
There was a time when 261k would have been outstanding, but following on from the
non farm payroll recession trackerAll official recessions had negative NFP prints the US economy in 2022 is still far from seeing that
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