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US Financial Activities Payrolls held to 9,104 Thousands in May 2026, released June 2026.
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 |
|---|---|---|---|---|---|
| MSFT | ▼ Inverse | −0.75 | STOCKS | Moves against | → View |
| USD/CAD | ▲ Direct | +0.48 | FOREX | Moves with | → View |
| GBP/USD | ▼ Inverse | −0.41 | FOREX | Moves against | → View |
| EUR/USD | ▼ Inverse | −0.37 | FOREX | Moves against | → View |
| NZD/USD | ▼ Inverse | −0.34 | FOREX | Moves against | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
Financial Activities Payrolls (United States) was reported at 9,104.00 Thousands in May 2026. The reading was unchanged from the previous release. Over the past 12 months, the indicator has averaged 9,150.60 Thousands, ranging from 9,104.00 Thousands to 9,189.00 Thousands across 10 releases. This is classified as a medium-impact indicator released on a monthly basis.
The trailing three releases averaged 9,111.33 Thousands, down from the prior three at 9,142.67 Thousands. Volatility over the past year (σ 32.15 Thousands) is higher than the prior year (σ 16.23 Thousands). In June readings over the past 3 years, Financial Activities Payrolls has averaged 9,155.67 Thousands.
Historically, this indicator is negatively correlated with MSFT (Bearish MSFT). A secondary relationship exists with USD/CAD, positively correlated (Bullish USD).
Same-country events in the next 14 days include Chicago PMI (Aug 28) and Michigan 1 Year Inflation Expectations (Aug 28).
Auto-generated from current model state · Refreshes on each release · Last update June 2026.
US Financial Activities Payrolls held steady at 9104K in May, matching April's level exactly. May's 9104K remained unchanged from April's 9104K, indicating a stable labor market in this sector. Market participants will watch upcoming employment reports for further labor trends. 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 9,104 Thousands. Prior reading (May 2026): 9,104 Thousands. Before that (Apr 2026): 9,126 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 bearish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary headwind in the current projection. This indicator correlates most strongly with MSFT (Bearish MSFT, r=-0.75) — a useful reference for stocks-focused traders.
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| Thursday, August 27, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 12:30 | Jobless Claims 4-Week Average | 205.5 | 204.25 | 203 | 204.25 | High | |
| 12:30 | Initial Jobless Claims | 203 | 207 | 208 | 205.50 | High | |
| 12:30 | Goods Trade Balance Adv | -118.8 | -101.41 | -99 | -102.92 | Medium | |
| 12:30 | Retail Inventories Ex Autos MoM | 0.7 | -0.5 | 0 | 0.27 | Medium | |
| 12:30 | Wholesale Inventories MoM | 1.3 | 0.3 | 0.1 | 0.38 | Medium | |
| 12:30 | Continuing Jobless Claims | 1778 | 1796 | 1790 | 1784.00 | High | |
| 12:30 | Goods Trade Balance | -118.8 | -101.41 | -99 | -102.88 | High | |
| 14:30 | EIA Natural Gas Stocks Change | 15 | 16 | 20 | 17.50 | Low | |
| 15:00 | Kansas Fed Manufacturing Index | 17 | 17 | 14 | 15.50 | Low | |
| 15:00 | Kansas Fed Composite Index | 10 | 9 | 8 | 9.00 | Low | |
| Friday, August 28, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 13:45 | Chicago PMI | 57.6 | 57 | 63.10 | Medium | ||
| 14:00 | Michigan 1 Year Inflation Expectations | 4.2 | 4.3 | 4.30 | Medium | ||
| 14:00 | Michigan Inflation Expectations | 4.3 | 4.2 | 4.3 | 4.30 | Low | |
| 14:00 | Michigan 5 Year Inflation Expectations | 3.3 | 3.3 | 3.3 | 3.30 | Low | |
| 14:00 | Michigan Consumer Sentiment | 51 | 55.2 | 51 | 51.00 | High | |
| 14:00 | Michigan Consumer Expectations | 50.6 | 55.4 | 50.6 | 50.60 | Low | |
| 14:00 | Michigan Current Conditions | 51.8 | 54.8 | 51.8 | 51.80 | Low | |
| 15:00 | Kansas Fed Manufacturing Index | 17 | 14 | 15.50 | Low | ||
| 15:00 | Kansas Fed Composite Index | 9 | 8 | 9.00 | Low | ||