USD · Released February 2, 2024

US Non-Farm Payrolls (NFP): Jan

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

US Non-Farm Payrolls (NFP) for Jan came in at 353K versus 175.0K expected (previous 333K), above forecast, which was positive for the USD.

What it meant for the USD

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.