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Data from U.S. Bureau of Labor Statistics. Forecasts by Sigmanomics Forecast Engine.
United StatesUS Mining & Logging Payrolls fell to 607 Thousands in August 2026
U.S. Bureau of Labor StatisticsMonthlyReleased September 2026
US Mining & Logging Payrolls fell to 607 Thousands in August 2026, released September 2026, down 2 Thousands from July's 609 Thousands reading.
Latest Release
607.000000
Actual
—
Consensus
609.000000
Previous
Sigmacast Track Record
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).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Co-movement | Action |
|---|---|---|---|---|---|
| EUR/USD | ▲ Direct | +0.78 | FOREX | Moves with | → View |
| AUD/USD | ▲ Direct | +0.71 | FOREX | Moves with | → View |
| USD/CHF | ▼ Inverse | −0.67 | FOREX | Moves against | → View |
| USD/CAD | ▼ Inverse | −0.66 | FOREX | Moves against | → View |
| NZD/USD | ▲ Direct | +0.64 | FOREX | Moves with | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Mining & Logging Payrolls (United States) was reported at 607.00 Thousands in August 2026. The reading fell from the previous value of 609.00 Thousands. Over the past 12 months, the indicator has averaged 606.00 Thousands, ranging from 601.00 Thousands to 611.00 Thousands across 11 releases. This is classified as a medium-impact indicator released on a monthly basis.
WHY IT MATTERS
The trailing three releases averaged 607.33 Thousands, down from the prior three at 609.33 Thousands. Volatility over the past year (σ 2.98 Thousands) is lower than the prior year (σ 6.87 Thousands). In September readings over the past 3 years, Mining & Logging Payrolls has averaged 611.33 Thousands.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with EUR/USD (Bullish EUR). A secondary relationship exists with AUD/USD, positively correlated (Bullish AUD).
WHAT TO WATCH NEXT
Same-country events in the next 14 days include Fed Bowman Speech (Oct 14) and MBA 30-Year Mortgage Rate (Oct 14).
Auto-generated from current model state · Refreshes on each release · Last update September 2026.
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Mining & Logging Payrolls - US
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About Mining & Logging Payrolls — United States
DEFINITION
US Mining & Logging Payrolls came in at 607,000 in September, missing the prior month's 609,000. This marks a slight decline from August's level, indicating a modest contraction in the sector's employment. Market focus now shifts to upcoming labor data for broader economic signals. Updated 10/4/26
WHY THIS INDICATOR MATTERS
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.
WHAT CHANGED THIS MONTH
Latest reading (Sep 2026): actual 607 Thousands. Prior reading (Aug 2026): 609 Thousands. Before that (Jul 2026): 606 Thousands.
WHAT'S NEXT
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 EUR/USD (Bullish EUR, r=0.78) — a useful reference for forex-focused traders.
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Economic Calendar - US Events
| Tuesday, October 13, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 10:00 | US | NFIB Business Optimism Index | 97.9 | 98.7 | 98 | 97.95 | Low |
| 14:00 | US | Existing Home Sales MoM | 1.5 | -3.2 | -0.3 | 0.60 | High |
| 14:00 | US | Existing Home Sales | 3.99 | 3.93 | 3.95 | 3.97 | High |
| 15:30 | US | 3-Month Bill Auction | 4.085 | 4.05 | 4.009 | 4.05 | Low |
| Wednesday, October 14, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 12:30 | US | Inflation Rate YoY | 3.4 | 3.6 | 3.60 | High | |
| 12:30 | US | Core Inflation Rate YoY | 2.4 | 2.5 | 2.50 | High | |
| 12:30 | US | CPI s.a | 334.131 | 335.8 | 335.80 | High | |
| 12:30 | US | Core Inflation Rate MoM | 0.3 | 0.2 | 0.20 | High | |
| 12:30 | US | Inflation Rate MoM | 0.4 | 0.6 | 0.60 | High | |
| 12:30 | US | CPI | 334.98 | 336.8 | 336.80 | High | |
| 12:30 | US | Inflation Rate | 334.98 | 336.65 | 336.65 | High | |
| 18:00 | US | Budget Balance | -167 | -29 | -29.00 | Medium | |
| Thursday, October 15, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 12:30 | US | Producer Price Index YoY | 5.4 | 5.3 | 5.30 | Low | |
| 12:30 | US | Philadelphia Fed Manufacturing Index | 37.8 | 28.4 | 42.60 | Medium | |
| 12:30 | US | NY Empire State Manufacturing Index | 7.6 | 10.3 | 10.30 | High | |
| 12:30 | US | Core PPI YoY | 4.6 | 4.4 | 4.40 | Low | |
| 12:30 | US | Continuing Jobless Claims | 1716 | 1710 | 1702.50 | High | |
| 12:30 | US | PPI Ex Food, Energy and Trade YoY | 4.7 | 4.7 | 4.70 | Low | |
| 12:30 | US | Producer Price Index MoM | 0.4 | 0.5 | 0.50 | High | |
| 12:30 | US | PPI Ex Food, Energy and Trade MoM | 0.3 | 0.3 | 0.30 | Low | |
| 12:30 | US | Initial Jobless Claims | 197 | 200 | 195.50 | High | |
| 12:30 | US | Producer Price Index | 157.411 | 159.1 | 159.10 | Low | |
| 12:30 | US | Jobless Claims 4-Week Average | 198 | 199 | 198.13 | High | |
| 12:30 | US | Core PPI MoM | 0.2 | 0.3 | 0.30 | Medium | |
| 12:30 | US | Retail Sales MoM | 1.4 | 0.3 | 0.30 | High | |
| 12:30 | US | Retail Sales Ex Autos MoM | 1.4 | 0.5 | 0.45 | High | |
| 12:30 | US | Retail Sales Ex Gas/Autos MoM | 1.2 | 0.2 | 0.25 | High | |
| 12:30 | US | Retail Sales YoY | 6 | 5.2 | 5.20 | High | |
| 13:30 | US | Retail Sales YoY | 6 | 5.2 | 5.20 | High | |
| 13:30 | US | Retail Sales Ex Autos MoM | 1.4 | 0.5 | 0.45 | High | |
| 13:30 | US | Retail Sales MoM | 1.2 | 0.1 | 0.10 | High | |
| 13:30 | US | Retail Sales Ex Gas/Autos MoM | 1.2 | 0.2 | 0.25 | High | |
| 14:00 | US | Business Inventories MoM | 0.8 | 0.4 | 0.40 | Medium | |