United States All Employees: Total Nonfarm Payrolls

All Employees: Total Nonfarm Payrolls is a series sourced from public macro data distributed via FRED. The unit is Thousands of Persons, and this page is mainly for tracking level, trend and turning points.

It helps track how labor-market deterioration or improvement is feeding into the cycle. Count series can be noisy month to month, so 3- to 12-month trends are usually more informative.

It is often more informative when read together with payrolls, unemployment, jobless claims and sentiment.