AR
ID
PT
ES
TH
ZH-HANT
ZH
DE
HOME
IT
MS
FR
JA
NL
FI
SI
SV
Call: +230 5869 0074 Mail: support.mu@gomarkets.com
Log in Open account
Log in Open account
AR
ID
PT
ES
TH
ZH-HANT
ZH
DE
HOME
IT
MS
FR
JA
NL
FI
SI
SV
Log in Open account
News & Analysis
Try free demo Open account
News & Analysis
Try free demo Open account

Up next: Non-Farm Payrolls announcement

7 December 2023 By Klavs Valters

Share

It’s the beginning of a new month which means that the US Non-Farm Payrolls figures will be released by the US Bureau of Labor Statistics.

The latest US jobs data for November will be released at 1:30PM London time on Friday.

Click here to find out why the Non-Farm Payrolls announcement is one of the most closely watched economic events in the calendar and what impact it has on the financial markets.

October data and expectations

In October, the total Non-Farm Payrolls employment increased by 150K jobs, which was below analysts’ expectations of 180K jobs. Most significant job gains were in health care, government, and social assistance.

The unemployment rate rose from 3.8% to 3.9% – the highest level since January 2022.

Analysts are expecting 185K jobs to be added in November. Unemployment rate is expected to remain unchanged at 3.9%.

Non-Farm Payrolls since January 2023

  • October: 150K
  • September: 336K
  • August: 187K
  • July: 187K
  • June: 209K
  • May: 339K
  • April: 253K
  • March: 236K
  • February: 311K
  • January: 517K

Unemployment rates since January 2023

  • October: 3.9%
  • September: 3.8%
  • August: 3.8%
  • July: 3.5%
  • June: 3.6%
  • May: 3.7%
  • April: 3.4%
  • March: 3.5%
  • February: 3.6%
  • January: 3.4%

Source: US Bureau of Labor Statistics

Disclaimer: Articles are from GO Markets analysts and contributors and are based on their independent analysis or personal experiences. Views, opinions or trading styles expressed are their own, and should not be taken as either representative of or shared by GO Markets. Advice, if any, is of a ‘general’ nature and not based on your personal objectives, financial situation or needs. Consider how appropriate the advice, if any, is to your objectives, financial situation and needs, before acting on the advice. If the advice relates to acquiring a particular financial product, you should obtain and consider the Product Disclosure Statement (PDS) and Financial Services Guide (FSG) for that product before making any decisions.

News and Analysis

Join our mailing list to receive market news and monthly newsletters, delivered directly to our inbox.