Nonfarm payroll employment under Richard Nixon
The number of jobs on employer payrolls outside farming — the standard jobs count.
Over 1969-01-20 to 1974-08-08, measured in Thousands of Persons:
- Term average
- 73,440.42 Thousands of Persons
- At the start
- 69,892 Thousands of Persons
- At the end
- 78,619.67 Thousands of Persons
- Change
- +8,727.67 Thousands of Persons
- Low
- 69,699 Thousands of Persons (1969-02-01)
- High
- 78,636 Thousands of Persons (1974-07-01)
- Coverage
- 100% (67 observations)
Reading this series over a presidential term
This is a level that grows with the population, so the average level over a term mostly reports what decade it was. Change from start to end — in percent, or annualized percent — is the comparison that means something.
It counts jobs, not people: someone holding two jobs is counted twice. It excludes farm workers, the unincorporated self-employed, unpaid family workers, and household employees. Recent months are revised for a year afterwards, and the annual benchmark can move a whole stretch of history.
These are the observed values over the window above, and nothing more. This site does not say which direction is better, and none of this is a claim that Richard Nixon caused the number to move.
What Nonfarm payroll employment measures · Richard Nixon: the whole record · Chart it · Compare with another president · The source at FRED