Macro Reaction

Replays

US payrolls (NFP) history

Every US jobs report since 2017: the payrolls change and unemployment rate as first published, and how hard Bitcoin moved in the first hour. The first print is often revised later; this is what traders saw on the day.

Rows in bold moved BTC at least 3× a normal hour. US payrolls (NFP) averages and charts →

2026

DateResultBTC first hour1h× normal hour
2 Oct+29k jobs · 4.2% unemployment+0.01%0.0×
4 Sep+162k jobs · 4.1% unemployment−2.50%5.4×Recap in progress
7 Aug-23k jobs · 4.1% unemployment+0.05%0.1×
2 Jul+57k jobs · 4.2% unemployment+0.56%1.2×
5 Jun+172k jobs · 4.3% unemployment−0.22%0.5×
8 May+115k jobs · 4.3% unemployment−0.89%1.9×Recap in progress
3 Apr+178k jobs · 4.3% unemployment−0.66%1.4×
6 Mar-92k jobs · 4.4% unemployment−1.52%2.8×Recap in progress
11 Feb+130k jobs · 4.3% unemployment+1.53%2.9×Recap in progress
9 Jan+50k jobs · 4.4% unemployment−0.03%0.1×

2025

DateResultBTC first hour1h× normal hour
16 Dec+64k jobs · 4.6% unemployment−0.50%0.9×
20 Nov+119k jobs · 4.4% unemployment−0.51%1.0×
5 Sep+22k jobs · 4.3% unemployment+0.31%0.7×
1 Aug+73k jobs · 4.2% unemployment+0.22%0.5×
3 Jul+147k jobs · 4.1% unemployment−0.22%0.5×
6 Jun+139k jobs · 4.2% unemployment+0.05%0.1×
2 May+177k jobs · 4.2% unemployment+0.19%0.4×
4 Apr+228k jobs · 4.2% unemployment+0.11%0.2×
7 Mar+151k jobs · 4.1% unemployment−0.31%0.6×
7 Feb+143k jobs · 4.0% unemployment+2.00%3.8×Recap in progress
10 Jan+256k jobs · 4.1% unemployment−0.57%1.1×

2024

DateResultBTC first hour1h× normal hour
6 Dec+227k jobs · 4.2% unemployment+1.31%2.5×Recap in progress
1 Nov+12k jobs · 4.1% unemployment+0.17%0.4×
4 Oct+254k jobs · 4.1% unemployment+0.02%0.1×
6 Sep+142k jobs · 4.2% unemployment+1.56%3.4×Recap in progress
2 Aug+114k jobs · 4.3% unemployment+0.58%1.3×
5 Jul+206k jobs · 4.1% unemployment−0.26%0.6×
7 Jun+272k jobs · 4.0% unemployment−0.76%1.6×Recap in progress
3 May+175k jobs · 3.9% unemployment+3.49%7.5×Recap →
5 Apr+303k jobs · 3.8% unemployment+0.34%0.7×
8 Mar+275k jobs · 3.9% unemployment+0.78%1.5×
2 Feb+353k jobs · 3.7% unemployment−0.91%1.7×Recap in progress
5 Jan+216k jobs · 3.7% unemployment−0.43%0.8×

2023

DateResultBTC first hour1h× normal hour
8 Dec+199k jobs · 3.7% unemployment−0.20%0.4×
3 Nov+150k jobs · 3.9% unemployment+0.20%0.4×
6 Oct+336k jobs · 3.8% unemployment−1.01%2.2×Recap in progress
1 Sep+187k jobs · 3.8% unemployment−0.15%0.3×
4 Aug+187k jobs · 3.5% unemployment+0.12%0.3×
7 Jul+209k jobs · 3.6% unemployment+0.57%1.2×
2 Jun+339k jobs · 3.7% unemployment−0.23%0.5×
5 May+253k jobs · 3.4% unemployment−0.59%1.3×
7 Apr+236k jobs · 3.5% unemployment−0.18%0.4×
10 Mar+311k jobs · 3.6% unemployment+0.47%0.9×
3 Feb+517k jobs · 3.4% unemployment−0.83%1.5×
6 Jan+223k jobs · 3.5% unemployment+0.39%0.7×

2022

DateResultBTC first hour1h× normal hour
2 Dec+263k jobs · 3.7% unemployment−0.72%1.4×
4 Nov+261k jobs · 3.7% unemployment+1.73%3.7×Recap →
7 Oct+263k jobs · 3.5% unemployment−2.00%4.3×Recap in progress
2 Sep+315k jobs · 3.7% unemployment+1.22%2.6×Recap in progress
5 Aug+528k jobs · 3.5% unemployment−1.66%3.6×Recap in progress
8 Jul+372k jobs · 3.6% unemployment−1.16%2.5×Recap in progress
3 Jun+390k jobs · 3.6% unemployment−0.69%1.5×
6 May+428k jobs · 3.6% unemployment−0.00%0.0×
1 Apr+431k jobs · 3.6% unemployment+1.25%2.7×Recap in progress
4 Mar+678k jobs · 3.8% unemployment−0.45%0.8×
4 Feb+467k jobs · 4.0% unemployment−0.16%0.3×
7 Jan+199k jobs · 3.9% unemployment−1.01%1.9×Recap in progress

2021

DateResultBTC first hour1h× normal hour
3 Dec+210k jobs · 4.2% unemployment−0.40%0.8×
5 Nov+531k jobs · 4.6% unemployment+0.38%0.8×
8 Oct+194k jobs · 4.8% unemployment+0.07%0.2×
3 Sep+235k jobs · 5.2% unemployment+1.36%2.9×Recap in progress
6 Aug+943k jobs · 5.4% unemployment+0.00%0.0×
2 Jul+850k jobs · 5.9% unemployment+1.37%2.9×Recap in progress
4 Jun+559k jobs · 5.8% unemployment+2.87%6.2×Recap in progress
7 May+266k jobs · 6.1% unemployment+1.21%2.6×Recap in progress
2 Apr+916k jobs · 6.0% unemployment−0.15%0.3×
5 Mar+379k jobs · 6.2% unemployment+0.88%1.7×Recap in progress
5 Feb+49k jobs · 6.3% unemployment+0.53%1.0×
8 Jan-140k jobs · 6.7% unemployment−0.25%0.5×

2020

DateResultBTC first hour1h× normal hour
4 Dec+245k jobs · 6.7% unemployment+0.79%1.5×
6 Nov+638k jobs · 6.9% unemployment−0.26%0.5×
2 Oct+661k jobs · 7.9% unemployment−0.26%0.6×
4 Sep+1,371k jobs · 8.4% unemployment+0.40%0.9×
7 Aug+1,763k jobs · 10.2% unemployment+0.26%0.6×
2 Jul+4,800k jobs · 11.1% unemployment+0.59%1.3×
5 Jun+2,509k jobs · 13.3% unemployment+0.09%0.2×
8 May-20,500k jobs · 14.7% unemployment−0.40%0.9×
3 Apr-701k jobs · 4.4% unemployment−1.42%3.0×Recap in progress
6 Mar+273k jobs · 3.5% unemployment−0.06%0.1×
7 Feb+225k jobs · 3.6% unemployment+0.17%0.3×
10 Jan+145k jobs · 3.5% unemployment−0.14%0.3×

2019

DateResultBTC first hour1h× normal hour
6 Dec+266k jobs · 3.5% unemployment+0.08%0.1×
1 Nov+128k jobs · 3.6% unemployment−0.27%0.6×
4 Oct+136k jobs · 3.5% unemployment+0.02%0.0×
6 Sep+130k jobs · 3.7% unemployment−0.78%1.7×Recap in progress
2 Aug+164k jobs · 3.7% unemployment+0.20%0.4×
5 Jul+224k jobs · 3.7% unemployment+0.47%1.0×
7 Jun+75k jobs · 3.6% unemployment+0.41%0.9×
3 May+263k jobs · 3.6% unemployment+0.38%0.8×
5 Apr+196k jobs · 3.8% unemployment+0.89%1.9×Recap in progress
8 Mar+20k jobs · 3.8% unemployment+0.21%0.4×
1 Feb+304k jobs · 4.0% unemployment+0.17%0.3×
4 Jan+312k jobs · 3.9% unemployment−0.03%0.1×

2018

DateResultBTC first hour1h× normal hour
7 Dec+155k jobs · 3.7% unemployment+0.39%0.7×
2 Nov+250k jobs · 3.7% unemployment+0.19%0.4×
5 Oct+134k jobs · 3.7% unemployment+0.06%0.1×
7 Sep+201k jobs · 3.9% unemployment+0.19%0.4×
3 Aug+157k jobs · 3.9% unemployment+0.26%0.6×
6 Jul+213k jobs · 4.0% unemployment−0.30%0.6×
1 Jun+223k jobs · 3.8% unemployment+0.52%1.1×
4 May+164k jobs · 3.9% unemployment−0.35%0.7×
6 Apr+103k jobs · 4.1% unemployment+0.36%0.8×
9 Mar+313k jobs · 4.1% unemployment+2.84%5.3×Recap in progress
2 Feb+200k jobs · 4.1% unemployment+0.25%0.5×
5 Jan+148k jobs · 4.1% unemployment+0.33%0.6×

2017

DateResultBTC first hour1h× normal hour
8 Dec+228k jobs · 4.1% unemployment+4.41%8.3×Recap in progress
3 Nov+261k jobs · 4.1% unemployment−0.58%1.2×
6 Oct-33k jobs · 4.2% unemployment−0.87%1.9×Recap in progress
1 Sep+156k jobs · 4.4% unemployment+0.59%1.3×
4 Aug+209k jobs · 4.3% unemployment+0.31%0.7×
7 Jul+222k jobs · 4.4% unemployment−0.49%1.0×
2 Jun+138k jobs · 4.3% unemployment−0.39%0.8×
5 May+211k jobs · 4.4% unemployment+0.70%1.5×
7 Apr+98k jobs · 4.5% unemployment+0.41%0.9×
10 Mar+235k jobs · 4.7% unemployment+8.57%16.0×Recap in progress
3 Feb+227k jobs · 4.8% unemployment+0.35%0.7×
6 Jan+156k jobs · 4.7% unemployment+0.54%1.0×