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Data from U.S. Bureau of Labor Statistics. Forecasts by Sigmanomics Forecast Engine.
United StatesUS Total Private Payrolls climbed to 135,428 Thousands in March 2026
U.S. Bureau of Labor StatisticsMonthlyReleased April 2026
US Total Private Payrolls climbed to 135,428 Thousands in March 2026, released April 2026, up 123 Thousands from February's 135,305 Thousands reading.
Latest Release
135428.000000
Actual
—
Consensus
135305.000000
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 | Signal Bias | Action |
|---|---|---|---|---|---|
| USD/CAD | ▲ Direct | +0.36 | FOREX | Bullish USD | → View |
| USD/JPY | ▲ Direct | +0.33 | FOREX | Bullish USD | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Total Private Payrolls (United States) was reported at 135,428.00 Thousands in March 2026. The reading rose from the previous value of 135,305.00 Thousands. Over the past 12 months, the indicator has averaged 135,120.10 Thousands, ranging from 134,937.00 Thousands to 135,428.00 Thousands across 10 releases. This is classified as a high-impact indicator released on a monthly basis.
WHY IT MATTERS
The indicator has been trending upward over the last three releases. The trailing three releases averaged 135,282.67 Thousands, up from the prior three at 135,145.33 Thousands. Volatility over the past year (σ 153.47 Thousands) is lower than the prior year (σ 213.50 Thousands). In April readings over the past 3 years, Total Private Payrolls has averaged 134,859.33 Thousands.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with USD/CAD (Bullish USD). A secondary relationship exists with USD/JPY, positively correlated (Bullish USD).
WHAT TO WATCH NEXT
Same-country events in the next 14 days include Building Permits MoM (Jun 16) and Building Permits (Jun 16).
Auto-generated from current model state · Refreshes on each release · Last update April 2026.
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Total Private Payrolls - US
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About Total Private Payrolls — United States
DEFINITION
US Total Private Payrolls edged down to 135,083K in November 2025 from October’s 135,090K, signaling a near plateau in private sector hiring. The slight decline from October to November reflects a stable labor market with momentum slowing since mid-year. Markets remain positioned for stability, awaiting clearer signals before adjusting risk exposure. Updated 4/3/26
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 typically move rates and currencies on release. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Apr 2026): actual 135,428 Thousands. Prior reading (Mar 2026): 135,305 Thousands. Before that (Feb 2026): 135,115 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 bullish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary tailwind in the current projection.