Non-farm Payrolls
A key US economic indicator measuring jobs added, excluding farm workers. The July report was weaker than expected (114,000 jobs added vs. 185,000 estimate), signaling a cooling labor market and increasing recession fears.
entitydetail.created_at
8/26/2025, 6:14:07 AM
entitydetail.last_updated
8/26/2025, 6:16:55 AM
entitydetail.research_retrieved
8/26/2025, 6:16:55 AM
Summary
Non-farm Payrolls (NFP) is a crucial economic indicator in the United States, measuring the number of paid workers in the private sector and government agencies, excluding farmworkers, private household employees, proprietors, nonprofit employees, and active military personnel. Reported monthly by the U.S. Department of Labor, NFP figures are closely watched by financial markets, including forex, stock, commodities, and cryptocurrency, due to their significant impact. Weak Non-farm Payrolls are often cited as evidence of a growing possibility of a US recession, contributing to economic uncertainty and raising expectations for Federal Reserve rate cuts, as discussed in the All-In Podcast.
Referenced in 1 Document
Research Data
Extracted Attributes
Measures
Number of paid workers in the U.S. economy
Publisher
U.S. Department of Labor (specifically the US Bureau of Labor Statistics)
Exclusions
Farmworkers, private household employees, proprietors, nonprofit employees, and actively serving military
Importance
One of the most important macroeconomic data for the US economy, strongly impacting Forex, stock, commodities, and cryptocurrency markets
Record Low
-20471.00 Thousand in April 2020
All-time High
4631.00 Thousand in June 2020
Average (1939-2025)
124.87 Thousand
Reporting Frequency
Monthly
Projected Trend (2026)
Around 170.00 Thousand
Projected Trend (2027)
Around 150.00 Thousand
Timeline
- Start of Non-farm Payrolls data collection, with an average of 124.87 Thousand from 1939 until 2025. (Source: Trading Economics)
1939-XX-XX
- Non-farm Payrolls reached a record low of -20471.00 Thousand. (Source: Trading Economics)
2020-04-XX
- Non-farm Payrolls reached an all-time high of 4631.00 Thousand. (Source: Trading Economics)
2020-06-XX
- Non-farm Payrolls increased by 147,000 (revised from 144,000) in June, exceeding the 110,000 forecast. (Source: FXStreet, Trading Economics)
2025-06-XX
- Non-farm Payrolls increased by 73,000 in July, missing the market expectation of 110,000. (Source: FXStreet, Trading Economics)
2025-07-XX
- Non-farm Payrolls for July 2025 reported at 73K. (Source: Trading Economics)
2025-08-01
- Expected release date for August 2025 Non-farm Payrolls. (Source: Trading Economics)
2025-09-05
Web Search Results
- United States Non Farm Payrolls
Non Farm Payrolls in the United States increased by 73 thousand in July of 2025. Non Farm Payrolls in the United States averaged 124.87 Thousand from 1939 until 2025, reaching an all time high of 4631.00 Thousand in June of 2020 and a record low of -20471.00 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 [...] ### Non Farm Payrolls in the United States increased by 73 thousand in July of 2025. Non Farm Payrolls in the United States is expected to be 70.00 Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United States Non Farm Payrolls is projected to trend around 170.00 Thousand in 2026 and 150.00 Thousand in 2027, according to our econometric models. Thousand 1Y3Y5Y10YMAX Export API OK [...] | Calendar | GMT | Reference | Actual | Previous | Consensus | TEForecast | | --- | --- | --- | --- | --- | --- | --- | | 2025-07-03 | 12:30 PM | Non Farm Payrolls | Jun | 147K | 144K | 110K | 100.0K | | 2025-08-01 | 12:30 PM | Non Farm Payrolls | Jul | 73K | 14K | 110K | 110K | | 2025-09-05 | 12:30 PM | Non Farm Payrolls | Aug | | 73K | | 50.0K |
- Nonfarm Payroll: What It Means and Why It's Important - Investopedia
Nonfarm payroll refers to the number of jobs in the private sector and government agencies. It excludes farmworkers, private household employees, proprietors, nonprofit employees, and actively serving military. The nonfarm payroll numbers are reported monthly to the public through the closely followed employment situation report, which details changes in unemployment by sector and demographic and new jobs added within the economy. [...] :max_bytes(150000):strip_icc()/photo__james_chen-5bfc26144cedfd0026c00af8.jpeg) Vikkie Velasquez Vikkie Velasquez:max_bytes(150000):strip_icc()/vikki-velasquez-investopedia-portrait-1-18b989d75f1f4d6d9b5b3a47cb3ffc5f.jpg) Nonfarm Payroll: A measure of the number of people employed in the U.S., excluding farming, private household, nonprofit, and active military employees and proprietors.:max_bytes(150000):strip_icc()/nonfarmpayroll-final-0b90b1ff76574d1688478277cd4825d0.png) [...] Zoe Hansen / Investopedia Nonfarm payroll measures the number of workers in the U.S. economy, excluding farm employees, self-employed individuals, volunteers, private household workers, sole proprietors, and active military service members. ## What Is Nonfarm Payroll?
- US Total Nonfarm Payrolls - Real-Time & Historical Trends - YCharts
| Date | Value | | --- | --- | | May 31, 2025 | 159.56M | | April 30, 2025 | 159.42M | | March 31, 2025 | 159.28M | | February 28, 2025 | 159.16M | | January 31, 2025 | 159.05M | | December 31, 2024 | 158.94M | | November 30, 2024 | 158.62M | | October 31, 2024 | 158.36M | | September 30, 2024 | 158.31M | | August 31, 2024 | 158.07M | | July 31, 2024 | 158.00M | | June 30, 2024 | 157.92M | | May 31, 2024 | 157.83M | | April 30, 2024 | 157.64M | | March 31, 2024 | 157.52M | [...] ### News ### Basic Info | | | --- | | US Total Nonfarm Payrolls is at a current level of 159.56M, up from 159.42M last month and up from 157.83M one year ago. This is a change of 0.09% from last month and 1.10% from one year ago. | US Total Nonfarm Payrolls is at a current level of 159.56M, up from 159.42M last month and up from 157.83M one year ago. This is a change of 0.09% from last month and 1.10% from one year ago. [...] | February 29, 2024 | 157.27M | | January 31, 2024 | 157.05M | | December 31, 2023 | 156.93M | | November 30, 2023 | 156.66M | | October 31, 2023 | 156.52M | | September 30, 2023 | 156.33M | | August 31, 2023 | 156.18M | | July 31, 2023 | 156.02M | | June 30, 2023 | 155.87M | | May 31, 2023 | 155.61M |
- Nonfarm Payrolls Forecast - FXStreet
NFP Actual, Consensus and DeviationNegativeUS Nonfarm Payrolls rose by 73,000 in July, following the 14,000 increase recorded in June and missing the market expectation of 110,000. NFP RevisionsNegativeThe change in total nonfarm payroll employment for May was revised down by 125,000, from +144,000 to +19,000, and the change for June was revised down by 133,000, from +147,000 to +14,000. With these revisions, employment in May and June combined is 258,000 lower than previously reported. [...] June US JOBS REPORT REVIEW -------------------------- ### Breaking: US Nonfarm Payrolls rise by 147,000 in June vs. 110,000 forecast Image 4: FXStreet Team FXStreet TeamFXStreet Nonfarm Payrolls (NFP) in the United States (US) rose by 147,000 in June, the US Bureau of Labor Statistics (BLS) reported on Thursday. This reading followed the 144,000 (revised from 139,000) increase recorded in May and came in better than the market expectation of 110,000. [...] NFP Definition -------------- The Nonfarm Payrolls (NFP) report measures the number of jobs added or lost in the US economy over the prior month. It is usually released by the US Department of Labor on the first Friday of each month at 8:30 ET.
- Non-Farm Payroll 2025 schedule - date and time when ...
Non-Farm Payroll (NFP) is one of the most important macroeconomic data for the US economy. Forex, stock, commodities, and even cryptocurrency markets can react strongly to every new publication.