Payrolls (jobs created) · United States
United States Non Farm Payrolls Annual Revision
The United States Non Farm Payrolls Annual Revision counts how many jobs employers in the United States added or cut in the month.
- Importance
- High
- Devise
- USD · US dollar
- Banque centrale
- The Federal Reserve
Derniers chiffres
La dernière publication est parue le 2025-09-09 et s’est établie à -911K. C’est moins que -818K la fois précédente.
| Publié | Pour | Réel | Consensus | Précédent |
|---|---|---|---|---|
| 9 Sep 2025 | – | -911K | – | -818K |
Pourquoi c’est important
The US non-farm payrolls report, released on the first Friday of most months, is often the single most market-moving economic release in the world. It moves the dollar, Treasury yields, gold and stock indices within seconds, because jobs drive spending and the Federal Reserve's decisions. ADP's private payrolls, two days earlier, are watched as a preview.
Mode de calcul
The official figure comes from a survey of about 120,000 businesses and government agencies (the establishment survey) covering roughly 600,000 worksites. It counts jobs, not people, and excludes farm workers, private households and the self-employed. The two previous months are revised every time. ADP uses its own payroll-processing data.
Payrolls change = employees this month − employees last month (seasonally adjusted)Ce que signifient les variations
- Compare with the consensus and look at the revisions to the two previous months: together they decide the reaction.
- Read it with the unemployment rate and average hourly earnings, released at the same time.
- Job gains of about 100,000–150,000 a month are roughly what the US needs to keep up with population growth (less as immigration slows).
Supérieur aux attentes : A stronger figure than expected points to a healthier economy: it usually supports the US dollar and local stocks, and can push bond yields up.
Inférieur aux attentes : A weaker figure than expected points to slowing activity: the US dollar tends to soften and markets price in lower rates.
Un bref historique
The Bureau of Labor Statistics' Current Employment Statistics survey has collected payroll data since 1939. Markets began to trade the release intensely in the 1980s and 1990s.
Questions
What is the United States Non Farm Payrolls Annual Revision?
The United States Non Farm Payrolls Annual Revision counts how many jobs employers in the United States added or cut in the month.
What was the latest United States Non Farm Payrolls Annual Revision?
-911K, published on 9 September 2025.
Why is it called non-farm payrolls?
Farm employment swings with the seasons and is hard to survey, so it is left out, along with private household workers and the self-employed.
Contenu éducatif uniquement, pas un conseil en investissement. Les chiffres sont les résultats publiés tels qu’enregistrés par notre calendrier ; les réactions de marché décrites sont typiques, non garanties.