Nonfarm Payrolls (Monthly Change) vs Producer Price Index (PPI) — Year-over-Year
Nonfarm Payrolls (Monthly Change) is currently 228K (up +111.0K). Producer Price Index (PPI) — Year-over-Year is currently 2.7% (down -0.5%).
| Metric | Nonfarm Payrolls (Monthly Change) | Producer Price Index (PPI) — Year-over-Year |
|---|---|---|
| Current value | 228K | 2.7% |
| Previous reading | 117K | 3.2% |
| Change | +111.0K | -0.5% |
| Trend | up | down |
| Frequency | Monthly | Monthly |
| Source | Bureau of Labor Statistics | Bureau of Labor Statistics |
| Last updated | 2026-04-04 | 2026-03-13 |
| Category | employment | inflation |
What Nonfarm Payrolls (Monthly Change) measures
Nonfarm payrolls measure the net change in employment across all sectors except farming. It is the most closely watched indicator of labor market momentum and is released on the first Friday of each month.
The economy added 228,000 jobs in March, a strong rebound from February's 117,000. Economists generally consider 150,000+ jobs per month as healthy growth. For executives, strong payroll numbers confirm consumer spending capacity and may signal the Fed will maintain or raise interest rates. Sector breakdowns reveal which industries are expanding — critical for workforce planning and market sizing.
What Producer Price Index (PPI) — Year-over-Year measures
The Producer Price Index measures the average change in selling prices received by domestic producers for their output. It is a leading indicator of consumer inflation — rising producer costs eventually get passed to consumers.
PPI declining to 2.7% from 3.2% signals easing upstream cost pressures. For executives, falling producer prices suggest input cost relief is coming — raw materials, components, and wholesale goods are becoming cheaper relative to recent months. This is bullish for profit margins if selling prices remain stable.
Frequently asked
Nonfarm Payrolls (Monthly Change) is currently 228K, up +111.0K from the previous reading. Source: Bureau of Labor Statistics, updated monthly.
Producer Price Index (PPI) — Year-over-Year is currently 2.7%, down -0.5% from the previous reading. Source: Bureau of Labor Statistics, updated monthly.
The economy added 228,000 jobs in March, a strong rebound from February's 117,000. Economists generally consider 150,000+ jobs per month as healthy growth. For executives, strong payroll numbers confi PPI declining to 2.7% from 3.2% signals easing upstream cost pressures. For executives, falling producer prices suggest input cost relief is coming — raw materials, components, and wholesale goods are