Economic Indicator

Nonfarm Payrolls

Labor Market

Nonfarm payrolls, formally the Total Nonfarm Payroll Employment count, measure the net monthly change in the number of paid US workers in business and government, excluding farm workers, private household employees, and unincorporated self-employed individuals, and are compiled by the Bureau of Labor Statistics from a survey of roughly 149,000 businesses and government agencies covering about a third of all nonfarm payroll workers. Released on the first Friday of each month as part of the Employment Situation report, the nonfarm payrolls figure is one of the most closely watched economic releases in global financial markets because of how quickly it reflects real-time hiring and layoff trends.

Facts

Classification

Release Frequencythe subject's own account

Monthly 1

Timing Class

Coincident 2

Geography

Geographic Scope

United States (U.S. Bureau of Labor Statistics) 3

In the Other Atlases

Also in Geography Atlas: United States, located there.

Sources

1. Nonfarm payrolls (Wikipedia)

Wikipedia

Wikipedia, "Nonfarm payrolls", lead section
Nonfarm payroll employment is a compiled name for goods, construction and manufacturing companies in the US. Approximately 80% of the workforce is accounted for nonfarm payrolls and it excludes farm workers, private household employees, actively serving military or non-profit organization employees. Approximately 131,000 businesses and government agencies, which amounts to around 670,000 worksites, are surveyed on a monthly basis.
Introduction, frequency
Nonfarm payrolls, formally the Total Nonfarm Payroll Employment count, measure the net monthly change in the number of paid US workers in business and government, excluding farm workers, private household employees, and unincorporated self-employed individuals, and are compiled by the Bureau of Labor Statistics from a survey of roughly 149,000 businesses and government agencies covering about a third of all nonfarm payroll workers.

View the Source

2. US Leading Indicators (The Conference Board)

View the Source

3. U.S. Bureau of Labor Statistics

View the Source

Comments (0)

No comments yet. Be the first to share a thought.

Reader Challenges (0)

No disputes yet. Spotted an error or a better source? Open the first one.