What Are Nonfarm Payrolls? Definition & Economic Importance
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What Are Nonfarm Payrolls? Definition & Economic Importance
What Are Nonfarm Payrolls? The term nonfarm payrolls, broadly defined, refers to the number of jobs in the private sector and in government—be it at the
Aug 11, 2022
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Nonfarm payrolls increased by just 22,000 for the month of August, while the unemployment rate rose to 4.3%, according to a Bureau of Labor Statistics report Friday. Economists surveyed by Dow Jones had been looking for payrolls to rise by 75,000. Full details: cnb.cx/4nng8db | CNBC
Nonfarm payrolls increased by just 22,000 for the month of August, while the unemployment rate rose to 4.3%, according to a Bureau of Labor Statistics report Friday. Economists surveyed by Dow Jones had been looking for payrolls to rise by 75,000. Full details: cnb.cx/4nng8db | CNBC
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107K views · 4.6K reactions | The U.S. economy added substantially more jobs than expected in September, according to a long-awaited report Thursday from the Bureau of Labor Statistics. Nonfarm payrolls increased by 119,000 in the month, up from the 4,000 jobs lost in August following a downward revision. The Dow Jones consensus estimate for September was 50,000. Read the full report: cnb.cx/3Majr9Y | CNBC | Facebook
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