Nonfarm Payrolls vs Unemployment — Compare on Scrolld®
Compare Nonfarm Payrolls and Unemployment side by side on Scrolld with a Pearson correlation computed over their shared observation window.
Correlation
Nonfarm Payrolls and Unemployment moved with a Pearson correlation of -0.8786 on percentage-point changes (rate) and returns (index).
Computed on 943 common months, 1948-01-31 to 2026-08-31.
Aligned by calendar month using the last available observation in each month.
All Employees, Total Nonfarm — historical observations
1,052 observations from 1939-01-01 to 2026-08-01. Frequency: monthly.
Statistics over the available window
Latest recorded value: 159,075 Thousands of Persons on . Minimum: 29,923 Thousands of Persons. Maximum: 159,075 Thousands of Persons. Arithmetic mean: 93,892.135 Thousands of Persons. Observation count: 1,052. First date: . Last date: .
1-month change: 162 Thousands of Persons (0.10%), from 158,913 Thousands of Persons on to 159,075 Thousands of Persons on .
1-year change: 603 Thousands of Persons (0.38%), from 158,472 Thousands of Persons on to 159,075 Thousands of Persons on .
| Observation date | Recorded value |
|---|---|
| 159,075 Thousands of Persons | |
| 158,913 Thousands of Persons | |
| 158,892 Thousands of Persons | |
| 158,861 Thousands of Persons | |
| 158,798 Thousands of Persons | |
| 158,650 Thousands of Persons | |
| 158,436 Thousands of Persons | |
| 158,592 Thousands of Persons | |
| 158,432 Thousands of Persons | |
| 158,449 Thousands of Persons | |
| 158,408 Thousands of Persons | |
| 158,548 Thousands of Persons | |
| 158,472 Thousands of Persons | |
| 158,542 Thousands of Persons | |
| 158,478 Thousands of Persons | |
| 158,498 Thousands of Persons | |
| 158,485 Thousands of Persons | |
| 158,377 Thousands of Persons | |
| 158,310 Thousands of Persons | |
| 158,268 Thousands of Persons | |
| 158,316 Thousands of Persons | |
| 158,079 Thousands of Persons | |
| 157,945 Thousands of Persons | |
| 157,912 Thousands of Persons |
Unemployment Rate — historical observations
943 observations from 1948-01-01 to 2026-08-01. Frequency: monthly.
Statistics over the available window
Latest recorded value: 4.1% on . Minimum: 2.5%. Maximum: 14.8%. Arithmetic mean: 5.6545%. Observation count: 943. First date: . Last date: .
1-month change: 0% (0.00%), from 4.1% on to 4.1% on .
1-year change: -0.2% (-4.65%), from 4.3% on to 4.1% on .
| Observation date | Recorded value |
|---|---|
| 4.1% | |
| 4.1% | |
| 4.2% | |
| 4.3% | |
| 4.3% | |
| 4.3% | |
| 4.4% | |
| 4.3% | |
| 4.4% | |
| 4.5% | |
| 4.4% | |
| 4.3% | |
| 4.3% | |
| 4.1% | |
| 4.3% | |
| 4.2% | |
| 4.2% | |
| 4.2% | |
| 4% | |
| 4.1% | |
| 4.2% | |
| 4.1% | |
| 4.1% | |
| 4.2% |
The pages behind this comparison
Related comparisons
- CPI vs Unemployment
Compare CPI and Unemployment: historical observations and correlation over their shared window.
- GDP vs Unemployment
Compare GDP and Unemployment: historical observations and correlation over their shared window.
- Industrial Production vs Unemployment
Compare Industrial Production and Unemployment: historical observations and correlation over their shared window.
- PCE vs Unemployment
Compare PCE and Unemployment: historical observations and correlation over their shared window.
Reports using this data
- Manufacturing: employment
Observed monthly employment for Manufacturing.