Employment Situation

November 2025

Released December 16, 2025


+64K
Change in nonfarm payroll jobs
Oct 2025 to Nov 2025
+0.2 percent
Change in unemployment rate
Oct 2025 to Nov 2025
+0.1 percent
Change in labor force participation rate
Oct 2025 to Nov 2025


From October 2025 to November 2025:





From October 2025 to November 2025:



From November 2024 to November 2025:



From November 2024 to November 2025:

  • For all employees on private nonfarm payrolls:
    • Average nominal weekly earnings increased by 3.51 percent.
    • Average nominal hourly earnings increased by 3.51 percent.
  • For production and nonsupervisory employees on private nonfarm payrolls:
    • Average nominal weekly earnings increased by 4.17 percent.
    • Average nominal hourly earnings increased by 3.86 percent.



Table 1. Labor Indicators

Nov 2025 Oct 2025 M/M change Nov 2024 Y/Y change
Payroll jobs
Nonfarm 159.552M 159.488M 64K 158.619M 933K
Private 136.148M 136.079M 69K 135.095M 1.053M
Government 23.404M 23.409M -5K 23.524M -120K
Unemployment
Official rate (U-3) 4.6% 4.2% 0.4pp
Broader rate (U-6) 8.7% 7.7% 1.0pp
Labor force participation rate
16 years and over 62.5% 62.5% 0.0pp
Prime age (25-54 years) 83.8% 83.5% 0.3pp
Employment-to-Population Ratio 59.6% 59.8% -0.2pp


Table 2. Earnings Indicators

Nov 2025 Oct 2025 M/M change Nov 2024 Y/Y change
Production and non-supervisory
Hourly earnings $31.76 $31.65 0.35% $30.58 3.86%
Weekly earnings $1,070.31 $1,066.61 0.35% $1,027.49 4.17%
All employees
Hourly earnings $36.86 $36.81 0.14% $35.61 3.51%
Weekly earnings $1,264.30 $1,258.90 0.43% $1,221.42 3.51%


Table 3. Revisions

1st 2nd 3rd Net revision
Nonfarm jobs added
October 2025 -105K
September 2025 119K 108K -11K
August 2025 22K -4K -26K -48K


Table 4. Comparison to ADP Estimate

BLS ADP Difference
Private nonfarm jobs added 69K -32K 101K



Job Openings and Labor Turnover Survey

October 2025

Released September 30, 2025


+12K
Change in nonfarm job openings
Sep 2025 to Oct 2025
-218K
Change in nonfarm hires
Sep 2025 to Oct 2025
-214K
Change in nonfarm separations
Sep 2025 to Oct 2025


Job Openings: The total number of nonfarm job openings increased by 12K to 7.67 million, and the rate remained unchanged at 4.6 percent.





Hires: The total number of nonfarm hires decreased by 218K to 5.15 million, and the rate decreased by 0.2 percentage points to 3.2 percent.


Separations: The total number of nonfarm separations decreased by 214K to 5.05 million, and the rate decreased by 0.1 percentage points to 3.2 percent.



Table 5. JOLTS Level Indicators

Oct 2025 Sep 2025 M/M change Oct 2024 Y/Y change
Job openings level
Nonfarm 7.670M 7.658M 12K 7.615M 55K
Private 6.894M 6.871M 23K 6.715M 179K
Hire level
Nonfarm 5.149M 5.367M -218K 5.350M -201K
Private 4.796M 5.021M -225K 4.987M -191K
Separation level
Nonfarm 5.050M 5.264M -214K 5.285M -235K
Private 4.708M 4.898M -190K 4.975M -267K


Table 6. JOLTS Rate Indicators

Oct 2025 Sep 2025 M/M change Oct 2024 Y/Y change
Job openings rate
Nonfarm 4.6% 4.6% 0.0pp 4.6% 0.0pp
Private 4.8% 4.8% 0.0pp 4.7% 0.1pp
Hire rate
Nonfarm 3.2% 3.4% -0.2pp 3.4% -0.2pp
Private 3.5% 3.7% -0.2pp 3.7% -0.2pp
Separation rate
Nonfarm 3.2% 3.3% -0.1pp 3.3% -0.1pp
Private 3.5% 3.6% -0.1pp 3.7% -0.2pp


Upcoming releases


Date Time Release Data source
Dec 18 08:30 AM Monthly Inflation Update, November 2025 Bureau of Labor Statistics
Dec 23 08:30 AM Monthly GDP Update, Q3 2025 Initial Estimate Bureau of Economic Analysis


Notes


Source: Bureau of Labor Statistics; ADP National Employment Report; JEC Republicans calculations

“pp” = percentage points; “M/M” = month over month; “Y/Y” = year over year

Consistent with the Bureau of Labor Statistics, monthly figures are seasonally adjusted. Discrepancy in change figures is possible due to rounding.