News & Analysis

Up next: Non-Farm Payroll announcement

4 January 2024 By Klavs Valters


It’s the beginning of a new year and a new month which means that the latest US Non-Farm Payroll data will be published by the US Bureau of Labor Statistics.

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

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

November data and expectations

In November, the total Non-Farm Payroll employment increased by 199K jobs, above analysts’ expectations of 185K jobs.

Most significant job gains were in health care, government and in manufacturing. Jobs in retail declined.

The unemployment rate fell from 3.9% to 3.7% – the lowest since July 2023.

Analysts are expecting 170K jobs to be added in December. Unemployment rate is expected to rise by 0.1% to 3.8%.

Non-Farm Payrolls since January 2023

  • November: 199K
  • 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

  • November: 3.7%
  • 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

Ready to start trading?

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.