USD · Released July 7, 2023

US Non-Farm Payrolls (NFP): June 2023

Non-Farm Payrolls counts how many jobs the US economy added last month, the single most-watched gauge of US labor strength.

Actual
209K
Forecast
250.0K
Previous
306K

Source: U.S. Bureau of Labor Statistics. Figures as released; revisions appear in the next print.

US Non-Farm Payrolls (NFP) for June 2023 came in at 209K versus 250.0K expected (previous 306K), below forecast, which was negative for the USD.

What it meant for the US Dollar

The actual landed below the 250.0K forecast (41 below expectations). A reading above forecast is generally bullish for the USD, and below forecast bearish. On this release the read was negative for the USD.

New to this release? See what US Non-Farm Payrolls (NFP) measures, the next release and its full history.