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2026-11-06

US Monthly Payroll Gains Cool to 29,000, With a 3-Month Average of 51,000

US Monthly Payroll Gains Cool to 29,000, With a 3-Month Average of 51,000

Key points

US nonfarm payroll net monthly change (thousands, SA) and 3-month moving average, 2022-2026 | Latest +29,000, 3-month average 51,000, far below the 800,000+ peaks of 2022

Image source: @joebrusuelas