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Economy

Six Measures of Nonfarm Payroll Employment

EditorialBy EditorialSeptember 19, 2025No Comments1 Min Read

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Together with Philadelphia Fed early benchmark, launched right now. A number of collection are under latest peaks, together with the early benchmark.

Determine 1: CES Nonfarm payroll (NFP) employment (blue), implied preliminary benchmark (tan), early benchmark (inexperienced), implied GS remaining benchmark (pink), CPS collection adjusted to NFP idea, 3 month centered shifting common (pink), and lined QCEW complete employment, seasonally adjusted by creator utilizing X-13 (gentle blue), all in 000’s, s.a. Implied preliminary benchmarks calculated by wedging within the revision between 2024M03 to 2025M03. Supply: BLS, Philadelphia Fed, Goldman Sachs, and creator’s calculations.



This entry was posted on September 19, 2025 by Menzie Chinn.

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