Up next: Non-Farm Payroll announcement
4 January 2024It’s the beginning of a new year and a new month which means that the latest US Non-Farm Payroll data will be published by the US Bureau of Labor Statistics.
The US jobs data for December will be released at 1:30PM London time on Friday.
Click here to find out why the Non-Farm Payroll announcement is one of the most closely watched economic events in the calendar and what impact it has on the financial markets.
November data and expectations
In November, the total Non-Farm Payroll employment increased by 199K jobs, above analysts’ expectations of 185K jobs.
Most significant job gains were in health care, government and in manufacturing. Jobs in retail declined.
The unemployment rate fell from 3.9% to 3.7% – the lowest since July 2023.
Analysts are expecting 170K jobs to be added in December. Unemployment rate is expected to rise by 0.1% to 3.8%.
Non-Farm Payrolls since January 2023
- November: 199K
- October: 150K
- September: 336K
- August: 187K
- July: 187K
- June: 209K
- May: 339K
- April: 253K
- March: 236K
- February: 311K
- January: 517K
Unemployment rates since January 2023
- November: 3.7%
- October: 3.9%
- September: 3.8%
- August: 3.8%
- July: 3.5%
- June: 3.6%
- May: 3.7%
- April: 3.4%
- March: 3.5%
- February: 3.6%
- January: 3.4%
Source: US Bureau of Labor Statistics
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