U.S. nonfarm payroll growth

Projected average monthly change in total nonfarm payroll employment.

United States · thousand jobs/month3 extracted figures3 institutions1 comparable groups

2026 Q4 · Quarterly average monthly change

2 institutions
Forecasts by report dateUnited States
66.0K/mo77.0K/mo88.0K/moCONSENSUSJUL 26JUL 26JUL 26Wells Fargo · 88K/mo · 2026-07-30Fannie Mae · 66K/mo · 2026-07-10Fannie Mae 66K/mo

EmphasisedOther institutionsConsensus

InstitutionPeriodReportedForecast
Wells Fargo2026 Q4“Nonfarm Payroll Change (d) | 2026 4Q | 88” — U.S. Economic Forecast table · 2026 Q4 · source ↗2026-07-3088K/mo
Fannie Mae2026 Q4“Employment, Total Nonfarm | 26.4 | 66” — Economic Forecast table · 2026 Q4 · source ↗2026-07-1066K/mo
Readout
Consensus
77.0K/mo
Spread
+22.0K/mo
Low
66.0K/mo
High
88.0K/mo
Reporting
2
Basis
Quarterly average monthly change

2026 Q4 · Quarterly average monthly change

1 institution
Single reported figureUnited States
InstitutionPeriodReportedForecast
Philadelphia Fed2026 Q4“2026:Q4 | Payrolls (000s/month) | New 58.4” — Median Forecasts for Selected Variables · 2026:Q4 · source ↗2026-05-1558.4K/mo
Readout
Low
58.4K/mo
High
58.4K/mo
Reporting
1
Basis
Quarterly average monthly change

One institution reporting — no consensus is claimed.