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US Education Health Services Payrolls climbed to 27,973 Thousands in May 2026, released June 2026, up 69 Thousands from April's 27,904 Thousands reading.
Sigmacast track record will appear here once this indicator has been released 3+ times since Sigmanomics began tracking.
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
| Symbol | Direction | Correlation | Asset Class | Co-movement | Action |
|---|---|---|---|---|---|
| S&P 500 | ▼ Inverse | −0.56 | INDEX | Moves against | → View |
| AAPL | ▼ Inverse | −0.55 | STOCKS | Moves against | → View |
| GOOGL | ▼ Inverse | −0.43 | STOCKS | Moves against | → View |
| USD/CHF | ▲ Direct | +0.28 | FOREX | Moves with | → View |
| USD/CAD | ▲ Direct | +0.27 | FOREX | Moves with | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
Education Health Services Payrolls (United States) was reported at 27,973.00 Thousands in May 2026. The reading rose from the previous value of 27,904.00 Thousands. Over the past 12 months, the indicator has averaged 27,694.91 Thousands, ranging from 27,435.00 Thousands to 27,973.00 Thousands across 11 releases. This is classified as a medium-impact indicator released on a monthly basis.
The indicator has been trending upward over the last three releases. The trailing three releases averaged 27,912.00 Thousands, up from the prior three at 27,745.00 Thousands. Volatility over the past year (σ 168.42 Thousands) is lower than the prior year (σ 251.00 Thousands). In June readings over the past 3 years, Education Health Services Payrolls has averaged 27,257.33 Thousands.
Historically, this indicator is negatively correlated with S&P 500 (Bearish S&P 500). A secondary relationship exists with AAPL, negatively correlated (Bearish AAPL).
Same-country events in the next 14 days include Inflation Rate YoY (Jul 14) and Core Inflation Rate YoY (Jul 14).
Auto-generated from current model state · Refreshes on each release · Last update June 2026.
US Education Health Services Payrolls rose to 27973.000000K in June, up from May’s 27904.000000K. This increase continues the steady monthly growth trend observed since September 2025, indicating ongoing expansion in the sector. Market participants will watch upcoming labor reports for further confirmation of this momentum. Updated 7/4/26
Labor-market data shapes consumer-spending forecasts and is closely tracked by central banks assessing the output gap and wage-inflation pass-through. Surprises against consensus can drive short-term moves, particularly when the print breaks an established trend. Released monthly.
Latest reading (Jun 2026): actual 27,973 Thousands. Prior reading (May 2026): 27,904 Thousands. Before that (Apr 2026): 27,859 Thousands.
Sigmacast's 1-month forecast points to a similar reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bullish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary tailwind in the current projection. This indicator correlates most strongly with S&P 500 (Bearish S&P 500, r=-0.56) — a useful reference for index-focused traders.
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| Monday, July 13, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 18:00 | Monthly Budget Statement | -120 | -293 | -132.8 | -126.40 | Medium | |
| 18:00 | Budget Balance | -120 | -293 | -135.8 | -127.90 | Medium | |
| Tuesday, July 14, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 10:00 | NFIB Business Optimism Index | 95.3 | 95.6 | 94.20 | Low | ||
| 12:30 | Inflation Rate YoY | 4.2 | 3.8 | 3.80 | High | ||
| 12:30 | Core Inflation Rate YoY | 2.9 | 2.9 | 2.90 | High | ||
| 12:30 | CPI s.a | 333.979 | 334 | 334.00 | Medium | ||
| 12:30 | Core Inflation Rate MoM | 0.2 | 0.2 | 0.20 | High | ||
| 12:30 | CPI | 335.12 | 334.71 | 334.71 | Medium | ||
| 12:30 | Inflation Rate MoM | 0.5 | -0.1 | -0.10 | High | ||
| 12:30 | CPI MoM | 0.5 | -0.1 | -0.10 | High | ||
| 12:30 | CPI YoY | 4.2 | 3.8 | 3.80 | High | ||
| 12:30 | Core CPI MoM | 0.2 | 0.2 | 0.20 | High | ||
| 12:30 | Core CPI YoY | 2.9 | 2.9 | 2.90 | Medium | ||
| 20:00 | Net Long-Term TIC Flows | 103.1 | 128 | 139.00 | Medium | ||
| Wednesday, July 15, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 12:30 | Producer Price Index | 157.659 | 159.1 | 158.50 | Low | ||
| 12:30 | Producer Price Index YoY | 6.5 | 7.2 | 6.90 | Low | ||
| 12:30 | Core PPI YoY | 4.9 | 5.2 | 5.05 | Low | ||
| 12:30 | Producer Price Index MoM | 1.1 | 0.8 | 0.50 | High | ||
| Thursday, July 16, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 12:30 | Retail Sales Ex Autos MoM | 0.8 | 0.4 | 0.40 | Medium | ||
| 12:30 | Retail Sales YoY | 6.9 | 6.7 | 6.70 | Low | ||
| 12:30 | Retail Sales Ex Gas/Autos MoM | 0.5 | 0.3 | 0.30 | Low | ||
| 12:30 | Retail Sales MoM | 0.9 | 0.3 | 0.30 | High | ||
| 14:00 | Pending Home Sales YoY | 4.8 | 1.3 | 1.30 | Medium | ||
| Friday, July 17, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 12:30 | Import Prices YoY | 6.7 | 5.4 | 5.45 | Low | ||
| 12:30 | Housing Starts | 1.177 | 1.2 | 1.20 | High | ||
| 13:15 | Industrial Production YoY | 1.7 | 1.5 | 1.50 | Low | ||
| 13:15 | Manufacturing Production YoY | 1.4 | 1 | 1.00 | Low | ||
| 13:15 | Capacity Utilization | 76.2 | 76.7 | 76.70 | Low | ||