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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 June 2026
U.S. Bureau of Labor StatisticsMonthlyReleased July 2026
US Mining & Logging Payrolls fell to 607 Thousands in June 2026, released July 2026, down 2 Thousands from May'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 | +0.76 | FOREX | Moves with | → View |
| AUD/USD | ▲ Direct | +0.67 | FOREX | Moves with | → View |
| NZD/USD | ▲ Direct | +0.65 | FOREX | Moves with | → View |
| S&P 500 | ▼ Inverse | −0.61 | INDEX | Moves against | → View |
| USD/CHF | ▼ Inverse | −0.61 | FOREX | Moves against | → 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 June 2026. The reading fell from the previous value of 609.00 Thousands. Over the past 12 months, the indicator has averaged 605.70 Thousands, ranging from 601.00 Thousands to 611.00 Thousands across 10 releases. This is classified as a medium-impact indicator released on a monthly basis.
WHY IT MATTERS
The indicator has been trending downward over the last three releases. The trailing three releases averaged 609.00 Thousands, up from the prior three at 604.33 Thousands. Volatility over the past year (σ 2.97 Thousands) is lower than the prior year (σ 6.29 Thousands). In July readings over the past 3 years, Mining & Logging Payrolls has averaged 613.00 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 MBA 30-Year Mortgage Rate (Sep 9) and API Crude Oil Stock Change (Sep 9).
Auto-generated from current model state · Refreshes on each release · Last update July 2026.
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Mining & Logging Payrolls - US
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About Mining & Logging Payrolls — United States
DEFINITION
US Mining & Logging Payrolls rose to 607,000 in June, missing the prior month's 611,000. This marks a decline from May’s level, indicating a slight contraction in sector employment. Market focus now shifts to upcoming labor reports for broader economic signals. Updated 7/4/26
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 (Jul 2026): actual 607 Thousands. Prior reading (Jun 2026): 609 Thousands. Before that (May 2026): 611 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=0.76) — a useful reference for forex-focused traders.
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EXPECTED ZONE
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Economic Calendar - US Events
| Tuesday, September 8, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 10:00 | US | NFIB Business Optimism Index | 99.8 | 99.3 | 98.95 | Low | |
| 15:00 | US | Consumer Inflation Expectation | 3.6 | 3.6 | 3.45 | Low | |
| 15:30 | US | 3-Month Bill Auction | 3.77 | 3.709 | 3.71 | Low | |
| 19:00 | US | Consumer Credit Change | 14.17 | 11.3 | 11.30 | Low | |