United States Non Farm Payrolls

Last Release

Mar 31, 2024

Actual

303

Units In

Thousand

270

Frequency

Monthly

Next Release

May 03, 2024

Time to Release

26 Days 12 Hours

Highest	Lowest	Average	Date Range	Source
4,846 Jun 2020	-20,679 Apr 2020	125.24 Thousand	1939-2024	U.S. Bureau of Labor Statistics

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.

Latest Updates

The US economy added 303K jobs in March 2024, the most in ten months, compared to a downwardly revised 270K in February and forecasts of 200K. January data was also revised up, so employment in January and February combined is 22K higher than previously reported. Employment gains remain elevated by historical standards and continue to surpass the 70K to 100K needed monthly to keep up with the expanding working-age population. In March, job gains occurred in health care (72K), namely ambulatory health care services (28K) and hospitals (27K); government (71K), namely local government (49K); and construction (39K). At the same time, employment rose in leisure and hospitality (49K), returning to its pre-pandemic level. Employment showed little or no change in other major industries, including mining, quarrying, and oil and gas extraction; manufacturing; wholesale trade; transportation and warehousing; information; financial activities; and professional and business services.