Employment Situation

October 2026 | Released November 06, 2026


+165K
Change in nonfarm payroll jobs
Sep 2026 to Oct 2026
-0.1 percent
Change in unemployment rate
Sep 2026 to Oct 2026
+0.1 percent
Change in labor force participation rate
Sep 2026 to Oct 2026


From September 2026 to October 2026:





From September 2026 to October 2026:



From October 2025 to October 2026:



From October 2025 to October 2026:

  • For all employees on private nonfarm payrolls:
    • Average nominal weekly earnings increased by 3.72 percent.
    • Average nominal hourly earnings increased by 3.12 percent.
  • For production and nonsupervisory employees on private nonfarm payrolls:
    • Average nominal weekly earnings increased by 3.62 percent.
    • Average nominal hourly earnings increased by 3.31 percent.



Table 1. Labor Indicators

Oct 2026 Sep 2026 M/M change Oct 2025 Y/Y change
Payroll jobs
Nonfarm 159.293M 159.128M 165K 158.408M 885K
Private 135.961M 135.802M 159K 135.018M 943K
Government 23.332M 23.326M 6K 23.390M -58K
Unemployment
Official rate (U-3) 4.1% 4.2% -0.1pp
Broader rate (U-6) 7.9% 7.6% 0.3pp
Labor force participation rate
16 years and over 61.9% 61.8% 0.1pp
Prime age (25-54 years) 83.7% 83.7% 0.0pp
Employment-to-Population Ratio 59.3% 59.2% 0.1pp


Table 2. Earnings Indicators

Oct 2026 Sep 2026 M/M change Oct 2025 Y/Y change
Production and non-supervisory
Hourly earnings $32.75 $32.63 0.37% $31.70 3.31%
Weekly earnings $1,106.95 $1,106.16 0.07% $1,068.29 3.62%
All employees
Hourly earnings $38.00 $37.86 0.37% $36.85 3.12%
Weekly earnings $1,307.20 $1,302.38 0.37% $1,260.27 3.72%


Table 3. Revisions

1st 2nd 3rd Net revision
Nonfarm jobs added
October 2026 165K
September 2026 29K 60K 31K
August 2026 162K 133K 186K 24K


Table 4. Comparison to ADP Estimate

BLS ADP Difference
Private nonfarm jobs added 159K 86K 73K



Job Openings and Labor Turnover Survey

September 2026 | Released November 03, 2026


+333K
Change in nonfarm job openings
Aug 2026 to Sep 2026
+131K
Change in nonfarm hires
Aug 2026 to Sep 2026
+144K
Change in nonfarm separations
Aug 2026 to Sep 2026


Job Openings: The total number of nonfarm job openings increased by 333K to 7.52 million, and the rate increased by 0.2 percentage points to 4.5 percent.





Hires: The total number of nonfarm hires increased by 131K to 5.40 million, and the rate increased by 0.1 percentage points to 3.4 percent.


Separations: The total number of nonfarm separations increased by 144K to 5.32 million, and the rate remained unchanged at 3.3 percent.



Table 5. JOLTS Level Indicators

Sep 2026 Aug 2026 M/M change Sep 2025 Y/Y change
Job openings level
Nonfarm 7.523M 7.190M 333K 7.169M 354K
Private 6.644M 6.408M 236K 6.405M 239K
Hire level
Nonfarm 5.402M 5.271M 131K 5.244M 158K
Private 5.078M 4.923M 155K 4.898M 180K
Separation level
Nonfarm 5.319M 5.175M 144K 5.161M 158K
Private 4.997M 4.871M 126K 4.744M 253K


Table 6. JOLTS Rate Indicators

Sep 2026 Aug 2026 M/M change Sep 2025 Y/Y change
Job openings rate
Nonfarm 4.5% 4.3% 0.2pp 4.3% 0.2pp
Private 4.7% 4.5% 0.2pp 4.5% 0.2pp
Hire rate
Nonfarm 3.4% 3.3% 0.1pp 3.3% 0.1pp
Private 3.7% 3.6% 0.1pp 3.6% 0.1pp
Separation rate
Nonfarm 3.3% 3.3% 0.0pp 3.3% 0.0pp
Private 3.7% 3.6% 0.1pp 3.5% 0.2pp


Upcoming releases


Date Time Release Data source
Nov 10 08:30 AM Monthly Inflation Update, October 2026 Bureau of Labor Statistics
Nov 13 10:00 AM Monthly Fiscal Update, October 2026 U.S. Treasury
Nov 20 10:00 AM State Employment and Unemployment, October 2026 Bureau of Labor Statistics
Nov 25 08:30 AM Monthly Expenditures Update, October 2026 Bureau of Economic Analysis
Nov 25 08:30 AM Monthly GDP Update, Q3 2026 Second Estimate Bureau of Economic Analysis
Dec 04 08:30 AM Monthly Employment Update, November 2026 Bureau of Labor Statistics



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.