How Fast Is Nonfarm Payroll Employment Rising? With the release of the Philadelphia Fed early benchmark, we have the following 12 month changes in employment (000’s) from different sources: From May 2023 to April 2024, according to the Philadelphia Fed early benchmark nonfarm payroll employment grew only 2.4 mn rather than 2.8 mn as reported by CES. Figure 1: Nonfarm payroll employment […]
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