Macro Dashboard

Nonfarm Payroll

Monthly job gains and losses, sector breakdown, moving averages, unemployment rate, and revision tracking from BLS CES data.

Coverage

Jan '19Feb '26

Latest month is preliminary

The US economy adds roughly 150–250K jobs per month in a healthy expansion. The headline number moves markets, but the sector mix and revision pattern tell you more about where the economy actually stands.

Latest Change

-92K

Feb '26 (P) — vs +13K 12-mo avg

3-Month Average

+6K

vs -1K 6-month average

Unemployment Rate

4.4%

Feb '26

Net Revision

-71K

Prior 2 months combined

Monthly Change

The headline number sets the tone for markets each month.

Total nonfarm payroll measures the number of jobs added or lost each month, seasonally adjusted. The moving average smooths out monthly noise and shows the underlying trend more clearly.

Monthly Nonfarm Payroll Change

Month-over-month change in total nonfarm employment, seasonally adjusted

Latest

Feb '26 -92K

vs +33K 48-mo avg

Source: BLS CES (CES0000000001), seasonally adjusted · Hover, focus, or tap for detail

Sector Detail

The headline number hides sector-level divergence.

A healthy payroll number can mask weakness in individual sectors. The breakdown shows which parts of the economy are driving growth, and the heatmap reveals whether gains are broad-based or concentrated.

Largest positive

Financial Activities

+10K in Feb '26

Largest negative

Education & Health

-34K in Feb '26

Sector Breakdown

Which sectors are adding or shedding jobs — latest month or cumulative trailing totals

LATEST

-92K total

Feb '26

Education & Health-34KLeisure & Hospitality-27KManufacturing-12KConstruction-11KInformation-11KFinancial Activities+10KOther Services+8KGovernment-6KProf. & Business Svcs-5KMining & Logging-2KTrade, Transport & Util.-2K

Source: BLS CES sector series, seasonally adjusted · Latest month or cumulative trailing totals · Hover, focus, or tap for detail

Data Revisions

First prints are estimates — revisions reveal the real story.

BLS revises the prior two months in each jobs report. Persistent downward revisions signal the labor market was weaker than initially reported, while upward revisions suggest hidden strength.

Net revision (latest report)

-71K

Combined revision to prior 2 months

Trailing 12-mo cumulative bias

-561K

Downward bias — initial reports overstated

Revision Tracker

How much the initially reported numbers changed after revision — persistent downward bias signals the labor market was weaker than first reported

Net Revision

-642K cumulative

-100K0+100K+200K+300KJan '25Jan '26
Original
Revised up
Revised down

Source: BLS payroll first/second/third estimates · Hover, focus, or tap for detail

Monthly Summary

The numbers behind the charts.

Raw data for each month — headline change, employment level, unemployment rate, and any revisions to prior reports.

Monthly Summary

Recent nonfarm payroll data at a glance

MonthChange (K)Revised FromRevisionLevelUnemp. Rate
Feb '26P-92K158.5M4.4%
Jan '26P+126K+130K-4K158.6M4.3%
Dec '25-17K+50K-67K158.4M4.4%
Nov '25+41K+64K-23K158.4M4.5%
Oct '25-140K158.4M0.0%
Sep '25+76K+119K-11K158.5M4.4%
Aug '25-70K+22K-48K158.5M4.3%
Jul '25+64K+73K-1K158.5M4.3%
Jun '25-20K+147K-160K158.5M4.1%
May '25+13K+139K-120K158.5M4.3%
Apr '25+108K+177K-19K158.5M4.2%
Mar '25+67K+228K-108K158.4M4.2%
Feb '25+42K+151K-49K158.3M4.2%
Jan '25-48K+143K-32K158.3M4.0%
Dec '24+237K+256K+67K158.3M4.1%
Nov '24+134K+227K+34K158.1M4.2%
Oct '24+33K+12K+31K157.9M4.1%
Sep '24+155K+254K+1K157.9M4.1%
Aug '24+9K+142K-64K157.8M4.2%
Jul '24+53K+114K+30K157.7M4.2%
Jun '24+87K+206K-88K157.7M4.1%
May '24+78K+272K-56K157.6M3.9%
Apr '24+64K+175K-67K157.5M3.9%
Mar '24+228K+303K+7K157.5M3.9%

Source: BLS CES (CES0000000001), LNS14000000 · P = preliminary

Methodology & Sources

Total nonfarm: CES0000000001. Total private: CES0500000001. Sector series: CES1000000001 (Mining & Logging), CES2000000001 (Construction), CES3000000001 (Manufacturing), CES4000000001 (Trade, Transport & Utilities), CES5000000001 (Information), CES5500000001 (Financial Activities), CES6000000001 (Prof. & Business Services), CES6500000001 (Education & Health), CES7000000001 (Leisure & Hospitality), CES8000000001 (Other Services), CES9000000001 (Government). Unemployment rate: LNS14000000. All series seasonally adjusted, values in thousands. Revision history comes from the BLS first-, second-, and third-estimate payroll table and updates when you run the fetch script after each first-Friday release.