LinkUp Monthly NFP Forecast: December 2025

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.
