The US economy added 275K jobs in February 2024, beating forecasts of 200K and higher than a downwardly revised 229K in January. Job gains occurred in health care (67K), mostly health care services (28K) and hospitals (28K); government (52K), namely local government, excluding education (26K); food services and drinking places (42K), after changing little over the previous three months; social assistance (24K); and transportation and warehousing (20K), as couriers and messengers added 17K jobs, after losing 70K jobs over the prior 3 months. Employment also increased in construction (23K) but changed little in other major industries, including manufacturing (-4K). The January reading was revised sharply lower from an initial 353K which was the highest in a year. The December reading was also revised lower by 43K to 290K. With the January and December revisions, employment combined is 167K lower than previously reported. source: U.S. Bureau of Labor Statistics
Non Farm Payrolls in the United States increased by 275 thousand in February of 2024. Non Farm Payrolls in the United States averaged 125.25 Thousand from 1939 until 2024, reaching an all time high of 4615.00 Thousand in June of 2020 and a record low of -20477.00 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 consensus and news. United States Non Farm Payrolls - data, historical chart, forecasts and calendar of releases - was last updated on March of 2024.
Non Farm Payrolls in the United States increased by 275 thousand in February of 2024. Non Farm Payrolls in the United States is expected to be 200.00 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 2025, according to our econometric models.