LinkUp Monthly NFP Forecast: November 2025

Fri, Nov 28, 2025 · 9:30 AM ET Source

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.