The US economy added 245K jobs in November, easing from a downwardly revised 610K in the previous month, and well below market expectations of 469K. It is the smallest employment gain since the job market started to recover in May from a record 20.787 million loss in April. In November, nonfarm employment was below its February level by 9.8 million, or 6.5 percent. Employment declined in government and retail trade while gains occurred in transportation and warehousing, professional and business services, and health care. The outlook for the labour market remains challenging as coronavirus infections continue to rise and more states introduced restrictions while the new stimulus bill which would provide support to millions of Americans hasn't yet been approved. source: U.S. Bureau of Labor Statistics
Non Farm Payrolls in the United States averaged 114.76 Thousand from 1939 until 2020, reaching an all time high of 4781 Thousand in June of 2020 and a record low of -20787 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 December of 2020.
Non Farm Payrolls in the United States is expected to be 700.00 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 230.00 in 12 months time. In the long-term, the United States Non Farm Payrolls is projected to trend around 250.00 Thousand in 2021 and 280.00 Thousand in 2022, according to our econometric models.