USD · Released June 7, 2024

US Non-Farm Payrolls (NFP): May

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

Actual
272K
Forecast
151.0K
Previous
165K

US Non-Farm Payrolls (NFP) for May came in at 272K versus 151.0K expected (previous 165K), above forecast, which was positive for the USD.

What it meant for the USD

The actual landed above the 151.0K forecast (121 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.