USD · Released September 1, 2023

US Non-Farm Payrolls (NFP): August 2023

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

Actual
187K
Forecast
180.0K
Previous
157K

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

US Non-Farm Payrolls (NFP) for August 2023 came in at 187K versus 180.0K expected (previous 157K), above forecast, which was positive for the USD.

What it meant for the US Dollar

The actual landed above the 180.0K forecast (7 above expectations). A reading above forecast is generally bullish for the USD, and below forecast bearish. On this release the read was positive for the USD.

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