LinkUp estimates that US nonfarm payroll employment increased by just 30,000 in July.

• LinkUp reports that there was a 10.1% MoM increase in new job listings and a 1.5% MoM rise in total job listings.
• The blended average of job listings growth was 5.8% MoM, the best since March 2026.

LinkUp estimates that US nonfarm payroll employment increased 80,000 in June.

LinkUp estimates that US nonfarm payroll employment increased 165,000 in May.

• LinkUp reports that there was a -4.8% MoM decline in new job listings, and a -1.7% MoM drop in total job listings in May.
• The blended average of job listings change of -3.3% MoM points to a weaker reading in June.

LinkUp estimates that US nonfarm payroll employment increased 50,000 in April.

• LinkUp reports that there was a -4.1% MoM decline in new job listings, and a -2.5% MoM drop in total job listings in April.
• The blended average of job listings change of -3.3% MoM points to a weaker reading in May.

LinkUp estimates that US nonfarm payroll employment increased 35,000 in March.

• LinkUp reports that there was a 19.9% MoM rise in new job listings, and a 7.6% MoM increase in total job listings in March.
• The blended average of job listings change of 13.8% MoM points to a strong reading in April.

LinkUp estimates that US nonfarm payroll employment increased 70,000 in February, the best reading since September 2025.

• LinkUp reports that there was a -5.6% MoM decline in new job listings, and a -1.7% MoM drop in total job listings in February.
• The blended average of job listings change of -3.7% MoM points to a weak reading in March.

LinkUp estimates that there was a decline of -25,000 in US nonfarm payroll employment in January, matching the estimate in December.

• The firm also noted that there was an increase of 1.4% MoM in total job listings, but this was weaker than the 17 year average of 5% MoM.

LinkUp estimates that there was a decline of -25,000 in US nonfarm payroll employment in December, down significantly from the estimate of +45,000 in November.

• LinkUp observed a -5.6% MoM decline in new job postings in its data, and a -3.7% MoM decline in total job postings.
• The further decline in job postings in December suggests January employment growth might also be negative.

LinkUp estimates that there was an increase of 45,000 in US nonfarm payroll employment in November, up from the estimate of -5,000 in October.

• LinkUp observed a -19.5% MoM decline in new job postings in its data, and a -7.5% MoM decline in total job postings.
• Based on the large decline in job postings in November, LinkUp expects that December nonfarm payroll employment growth will be negative.