USD · Released November 3, 2023

US Non-Farm Payrolls (NFP): Oct

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

Actual
150K
Forecast
190K
Previous
297K

US Non-Farm Payrolls (NFP) for Oct came in at 150K versus 190K expected (previous 297K), below forecast, which was negative for the USD.

What it meant for the USD

The actual landed below the 190K forecast (40 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.