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Nonfarm payroll employment is a compiled name for goods, construction and manufacturing companies in the US. Approximately 80% of the workforce is accounted for nonfarm payrolls [1] and it excludes farm workers, private household employees, actively serving military or non-profit organization employees. Approximately 131,000 businesses and ...
Employees on non-farm payrolls are those who received pay for any part of the reference pay period (which includes the 12th of the month), including persons on paid leave. Further, BLS explains that: "The CES employment series are estimates of nonfarm wage and salary jobs, not an estimate of employed persons; an individual with two jobs is ...
The US government’s monthly jobs report provides crucial information about the health of the labor market by tallying “nonfarm payrolls.” Why are the farmers excluded?
Over the course of the recession, manufacturing shed 1.1 million jobs, with the recession posting a total loss of 1.3 million jobs, representing 1.2% of payrolls. The automotive industry, already in a poor position due to weak sales in 1979, shed 310,000 jobs, representing 33% of that sector. Construction declined by a similar 300,000.
U.S. job growth surged in February, recording its biggest increase in more than one-and-a-half years.
Total nonfarm payroll employment fell by 125,000 in June as the government laid off 225,000 temporary census workers. The decline was roughly in line with expectations. The median forecast in a ...
Non-farm payrolls increased by 22.7 million from February 1993 to January 2001 (236,000 per month average, the fastest on record for a Presidential tenure) while civilian employment increased by 18.5 million (193,000 per month average).
Despite a tight labor market, total nonfarm payroll employment rose by a surprisingly strong 678,000 in February, the Bureau of Labor Statistics reported on Friday, March 4. This was well above the...