United States Non Farm Payrolls

Last Release

Dec 31, 2024

Actual

256

Units In

Thousand

212

Frequency

Monthly

Next Release

Feb 07, 2025

Time to Release

26 Days 13 Hours

Highest	Lowest	Average	Date Range	Source
4,846 Jun 2020	-20,679 Apr 2020	125.65 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 256K jobs in December 2024, the most in nine months, following a downwardly revised 212K in November, and once again beating market forecasts of 160K. Figures for October were also adjusted, resulting in a combined downward revision of 8K for October and November. In December, employment trended up in health care (46K), government (33K), and social assistance (23K). Also, retail trade added 43K jobs, following a 29K job loss in November, mostly due to clothing, clothing accessories, shoe, and jewelry retailers (23K); general merchandise retailers (13K); and health and personal care retailers (7K). Meanwhile, employment declined by 13K in manufacturing. Considering full 2024, payroll employment rose by 2.2 million in 2024, an average monthly gain of 186K, below 3.0 million in 2023 which represents an average monthly gain of 251K. However, the figures continue to signal a strong and stable labor market.