Employees - Private
Returns the total number of employees in the private sector (excluding government workers).
Data Source
Bureau of Labor Statistics (BLS) - Current Employment Statistics.
Usage Notes
- No parameters required
- Returns employment in thousands
- Data updated monthly
- Seasonally adjusted
Private Sector Components
| Category | Includes |
|---|---|
| Goods-producing | Manufacturing, mining, construction |
| Service-providing | Retail, healthcare, finance, tech |
Relationship to Total Employment
Private Employment + Government Employment = Total Nonfarm Employment
The private sector accounts for approximately 85% of total nonfarm employment.
Syntax
=EmployeesPrivate()Returns
number
Number of private sector employees (thousands)
Examples
Private sector employment (thousands)
When to Use
- Analyzing private sector job creation
- Separating private from public employment
- Business cycle analysis
- Corporate America health assessment
When NOT to Use
| Scenario | Use Instead |
|---|---|
| Need government employment | EmployeesGovernment() |
| Need total nonfarm employment | EmployeesNonfarm() |
| Need goods-producing | EmployeesGoodsProducing() |
| Need service sector | EmployeesServiceProviding() |
Common Issues & FAQ
How does this relate to total nonfarm?
Total Nonfarm = Private + Government. Private sector is about 85% of total nonfarm employment.
What units is this in?
Employment is reported in thousands of employees.
Related Formulas
More MarketXLS Economic Data formulas you can use in the same worksheet:
- Federal Debt
- Federal Funds Rate
- Federal Outlays
- Federal Receipts
- Federal Surplus or Deficit
- Gasoline Price
- GDP Price Deflator
- Hires - Nonfarm
See EmployeesPrivate used in a complete workbook: Jobs Report Tracker Excel: Live Labor Market Dashboard for May 2026 NFP
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