MarketXLS

All Employees, Total Private 136M for 

All Employees, Total Private came in at 136M for Jul 2026, up 0.02% from 136M the prior month and 0.47% above its level of 135M one year ago. The series has averaged 78.7M since 1939, reaching a record high of 136M in July 2026 and a record low of 25.9M in January 1939.

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

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Cite this data: "All Employees, Total Private," MarketXLS. Data from Federal Reserve Economic Data (FRED), St. Louis Fed. marketxls.com/indicators/private-sector-employment

Historical Data

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July 1, 2026136M
June 1, 2026136M
May 1, 2026136M
April 1, 2026135M
March 1, 2026135M
February 1, 2026135M
January 1, 2026135M
December 1, 2025135M
November 1, 2025135M
October 1, 2025135M
September 1, 2025135M
August 1, 2025135M
July 1, 2025135M
June 1, 2025135M
May 1, 2025135M
April 1, 2025135M
March 1, 2025135M
February 1, 2025135M
January 1, 2025135M
December 1, 2024135M
⋮
⋮
October 1, 198273M
September 1, 198273.3M
August 1, 198273.4M
July 1, 198273.6M
June 1, 198273.8M
May 1, 198274.1M
April 1, 198274.1M
March 1, 198274.4M
February 1, 198274.6M
January 1, 198274.5M
December 1, 198174.8M
November 1, 198175.1M
October 1, 198175.3M
September 1, 198175.4M
August 1, 198175.5M
July 1, 198175.4M
June 1, 198175.3M
May 1, 198175.1M
April 1, 198175M
March 1, 198174.9M

About All Employees, Total Private

What it measures

All Employees: Total Private (FRED series USPRIV) counts paid workers on private sector nonfarm payrolls, excluding all federal, state, and local government employment. The Bureau of Labor Statistics publishes it monthly within the Current Employment Statistics program, using the same establishment survey that produces total nonfarm payrolls.

Why it matters

Private payrolls isolate market-driven hiring from government staffing decisions, giving a cleaner read on business demand for labor. Government hiring can mask or exaggerate underlying trends, particularly around census cycles and public budget swings, so analysts often quote the private figure when judging the true momentum of the labor market.

How to read it

Compare private job growth to the total nonfarm number: a large gap means government hiring is doing unusual work in the headline. Slowing private payrolls across several months is an earlier warning of economic cooling than the total series. Like all establishment data, monthly prints are revised twice and benchmarked annually, so trends firm up over time.

Get All Employees, Total Private in Excel

Pull All Employees, Total Private directly into your spreadsheet with a single MarketXLS formula - always current, no copy-pasting:

=EmployeesPrivate()

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

Frequently Asked Questions

What is the current All Employees, Total Private?

All Employees, Total Private is 136M as of July 2026.

What is the all-time high and low of All Employees, Total Private?

The highest value on record is 136M (July 2026) and the lowest is 25.9M (January 1939).

How often is All Employees, Total Private updated?

All Employees, Total Private is published on a monthly basis, sourced from Federal Reserve Economic Data (FRED).

How do I get All Employees, Total Private in Excel?

Use the MarketXLS Excel formula =EmployeesPrivate() to pull All Employees, Total Private directly into any cell, with historical values available for analysis.

Basic info
Persons employed in the private sector in the economy.
RegionUnited States
FrequencyMonthly
Last updatedAugust 7, 2026
Seasonal adjustmentSeasonally Adjusted
UnitThousands of Persons

Stats
Last Value136M
Latest PeriodJul 2026
Last UpdatedAugust 7 2026, 08:31
Value Previous Month136M
Change From Previous Month0.02%
Value 1 Year Ago135M
Change From Year Ago0.47%
Average Growth Rate1.91%/yr
Record High (Jul 2026)136M
Record Low (Jan 1939)25.9M
Long-Term Average78.7M
FrequencyMonthly
AdjustmentSeasonally Adjusted
UnitThousands of Persons

Annual Averages
2026135M
2025135M
2024134M
2023133M
2022130M
2021124M
2020120M
2019128M
2018126M
2017124M
2016122M
2015120M

Related Indicators
Nonfarm Payrolls
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
Layoffs and Discharges: Total Nonfarm
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