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FRED Graph


NOTES

Source: U.S. Bureau of Labor Statistics  

Release: Employment Situation  

Units:  Thousands of Persons, Seasonally Adjusted

Frequency:  Monthly

Notes:

All Employees: Total Nonfarm, commonly known as Total Nonfarm Payroll, is a measure of the number of U.S. workers in the economy that excludes proprietors, private household employees, unpaid volunteers, farm employees, and the unincorporated self-employed. This measure accounts for approximately 80 percent of the workers who contribute to Gross Domestic Product (GDP).

This measure provides useful insights into the current economic situation because it can represent the number of jobs added or lost in an economy. Increases in employment might indicate that businesses are hiring which might also suggest that businesses are growing. Additionally, those who are newly employed have increased their personal incomes, which means (all else constant) their disposable incomes have also increased, thus fostering further economic expansion.

Generally, the U.S. labor force and levels of employment and unemployment are subject to fluctuations due to seasonal changes in weather, major holidays, and the opening and closing of schools. The Bureau of Labor Statistics (BLS) adjusts the data to offset the seasonal effects to show non-seasonal changes: for example, women's participation in the labor force; or a general decline in the number of employees, a possible indication of a downturn in the economy. To closely examine seasonal and non-seasonal changes, the BLS releases two monthly statistical measures: the seasonally adjusted All Employees: Total Nonfarm (PAYEMS) and All Employees: Total Nonfarm (PAYNSA), which is not seasonally adjusted.

The series comes from the 'Current Employment Statistics (Establishment Survey).'

The source code is: CES0000000001

Suggested Citation:

U.S. Bureau of Labor Statistics, All Employees, Total Nonfarm [PAYEMS], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/PAYEMS, May 21, 2024.

Source: Automatic Data Processing, Inc.  

Release: ADP National Employment Report  

Units:  Persons, Seasonally Adjusted

Frequency:  Monthly

Notes:

The January 2023 report presents the scheduled annual revision of the ADP National Employment Report (NER), which updates the data series to be consistent with the annual Quarterly Census of Employment and Wages (QCEW) benchmark data through March 2022. This is a recurring process that happens every year, and is a common practice for reports of this nature.

In addition to this regular, annual update, the NER weighting methodology was revised to facilitate an easier comparison of total employment estimates between the NER and QCEW; monthly aggregates now leverage weekly seasonal adjustments rather than a separate monthly seasonal adjustment; and the national aggregate is now constructed from industry aggregates. There was also a refinement in the labeling methodology which is used to determine how various employment sources fall into a particular industry and geography definitions. These changes were applied retroactively to the 13-year history of the NER.

Suggested Citation:

Automatic Data Processing, Inc., Total Nonfarm Private Payroll Employment [ADPMNUSNERSA], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/ADPMNUSNERSA, May 21, 2024.

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