Non-Farm Payrolls counts how many jobs the US economy added last month, the single most-watched gauge of US labor strength.
Actual
353K
Forecast
175.0K
Previous
333K
Source: U.S. Bureau of Labor Statistics. Figures as released; revisions appear in the next print.
US Non-Farm Payrolls (NFP) for January 2024 came in at 353K versus 175.0K expected (previous 333K), above forecast, which was positive for the USD.
What it meant for the US Dollar
The actual landed above the 175.0K forecast (178 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.