USD · Released February 7, 2025

US Non-Farm Payrolls (NFP): January 2025

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

Actual
143K
Forecast
205K
Previous
307K

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

US Non-Farm Payrolls (NFP) for January 2025 came in at 143K versus 205K expected (previous 307K), below forecast, which was negative for the USD.

What it meant for the US Dollar

The actual landed below the 205K forecast (62 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.