Chart LabUS Growth & Economic Activity

Nonfarm Payrolls YoY

Nonfarm Payrolls YoY stands at 0.32% as of June 2026, down from 0.50% a year earlier. The reading sits in the 23rd percentile of its history back to 1940.

17.75%1.44%-14.87% 1940 1983 2026
Nonfarm Payrolls YoY, 1940–2026. Updated 2026-07-16.
Latest (June 2026)0.32%
One year ago0.50%
10-year range-13.39% – 10.86%
Percentile vs. full history23rd
History1940–2026 (1038 observations)

What it is & how to read it

Year-over-year growth in nonfarm payrolls. Healthy expansions typically run +1.5% to +2.5%. Deceleration toward zero is a late-cycle signal; outright negative job growth has only occurred in or immediately around recessions.

Related charts

GDPNow (Atlanta Fed)Leading Index YoYISM ManufacturingISM ServicesInitial Claims (4wk avg)Unemployment Rate
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Data: download CSV (source: FRED (Federal Reserve Economic Data)).

Source: FRED (Federal Reserve Economic Data). Updated daily. Part of Cambria Chart Lab — free macro & market charts. For research and education only; not investment advice.