Monthly Job Gains (Nonfarm Payrolls Change) -23 for 

Monthly Job Gains (Nonfarm Payrolls Change) came in at -23 for Jul 2026, down 215.00% from 20 the prior month and 135.94% below its level of 64 one year ago. The series has averaged 122.8 since 1939, reaching a record high of 4.631M in June 2020 and a record low of -20.5M in April 2020.

Source: Federal Reserve Economic Data (FRED), St. Louis Fed

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Cite this data: "Monthly Job Gains (Nonfarm Payrolls Change)," MarketXLS. Data from Federal Reserve Economic Data (FRED), St. Louis Fed. marketxls.com/indicators/monthly-job-gains

Historical Data

July 1, 2026-23
June 1, 202620
May 1, 202663
April 1, 2026148
March 1, 2026214
February 1, 2026-156
January 1, 2026160
December 1, 2025-17
November 1, 202541
October 1, 2025-140
September 1, 202576
August 1, 2025-70
July 1, 202564
June 1, 2025-20
May 1, 202513
April 1, 2025108
March 1, 202567
February 1, 202542
January 1, 2025-48
December 1, 2024237
October 1, 1982-276
September 1, 1982-180
August 1, 1982-158
July 1, 1982-344
June 1, 1982-242
May 1, 1982-43
April 1, 1982-284
March 1, 1982-129
February 1, 1982-2
January 1, 1982-330
December 1, 1981-276
November 1, 1981-209
October 1, 1981-97
September 1, 1981-88
August 1, 1981-36
July 1, 1981111
June 1, 1981194
May 1, 198113
April 1, 198173
March 1, 1981105

About Monthly Job Gains (Nonfarm Payrolls Change)

What it measures

Monthly job gains measure the month-over-month change in total nonfarm payroll employment, in thousands of jobs, derived from the Bureau of Labor Statistics establishment survey (PAYEMS). It is the headline number of the monthly employment report, released on the first Friday after each reference month along with revisions to the prior two months.

Why it matters

The monthly payroll change is the most watched recurring statistic in US markets, setting the tone for rate expectations, bond yields, and equity sentiment on release morning. It condenses labor demand into one figure that the Federal Reserve, forecasters, and the press all track against the pace needed to absorb labor force growth.

How to read it

Judge gains relative to the breakeven pace implied by labor force growth, which shifts with immigration and demographics, rather than against a fixed number. Any single month carries a wide confidence interval and will be revised twice, so the three-month average is the better trend measure. Strikes, weather, and annual benchmark revisions can distort individual prints materially.

Get Monthly Job Gains (Nonfarm Payrolls Change) in Excel

Pull Monthly Job Gains (Nonfarm Payrolls Change) directly into your spreadsheet with a single MarketXLS formula - always current, no copy-pasting:

=EmployeesNonfarm()

View the Employees - Nonfarm Payroll formula documentation or browse all 100+ Economic Data functions.

Frequently Asked Questions

What is the current Monthly Job Gains (Nonfarm Payrolls Change)?

Monthly Job Gains (Nonfarm Payrolls Change) is -23 as of July 2026.

What is the all-time high and low of Monthly Job Gains (Nonfarm Payrolls Change)?

The highest value on record is 4.631M (June 2020) and the lowest is -20.5M (April 2020).

How often is Monthly Job Gains (Nonfarm Payrolls Change) updated?

Monthly Job Gains (Nonfarm Payrolls Change) is published on a monthly basis, sourced from Federal Reserve Economic Data (FRED).

How do I get Monthly Job Gains (Nonfarm Payrolls Change) in Excel?

Use the MarketXLS Excel formula =EmployeesNonfarm() to pull Monthly Job Gains (Nonfarm Payrolls Change) directly into any cell, with historical values available for analysis.

Basic info
Calculated as the month-over-month change in Total Nonfarm Payrolls (PAYEMS) - the headline jobs number from the monthly BLS Employment Situation report, in thousands of jobs.
RegionUnited States
FrequencyMonthly
Last updatedAugust 7, 2026
Seasonal adjustmentSeasonally Adjusted
UnitThousands of Jobs

Stats
Last Value-23
Latest PeriodJul 2026
Last UpdatedAugust 7 2026, 08:31
Value Previous Month20
Change From Previous Month-215.00%
Value 1 Year Ago64
Change From Year Ago-135.94%
Record High (Jun 2020)4.631M
Record Low (Apr 2020)-20.5M
Long-Term Average122.8
FrequencyMonthly
AdjustmentSeasonally Adjusted
UnitThousands of Jobs

Annual Averages
202660.86
20259.67
2024121.58
2023209.58
2022377.17
2021605.67
2020-770.5
2019165.42
2018190.5
2017176.25
2016194.25
2015226.08

Related Indicators
Nonfarm Payrolls
All Employees, Total Private
All Employees, Goods-Producing
All Employees, Service-Providing
All Employees, Government
Unemployment Rate
Initial Jobless Claims
Average Weeks Unemployed
Job Openings: Total Nonfarm
Hires: Total Nonfarm
Total Separations: Total Nonfarm
Quits: Total Nonfarm