Revelio Public Labor Statistics (RPLS)

Non-farm employment measures the total employment in the US (public and private) leveraging individual level data collected from online professional profiles. The monthly change in this total employment is a proxy for number of jobs added in the economy during the month. In January, the US economy lost about 13 thousand jobs, predominantly driven by losses in Public Administration, Leisure and Hospitality and Retail Trade.

Labor demand continues to cool in the US, as the number of active job postings across the country ticked downwards again in January. Nearly all industries experienced a net decrease in job openings, with the largest declines in percentage terms occurring in the Utilities, Information, and Mining, Quarrying, & Oil & Gas Extraction sectors. This years-long steady decline in job openings puts the United States at the forefront of cooling global labor demand.

Both the Hiring and Attrition Rate ticked upward in January. However, both remain in a downtrend as the US economy continues to be characterized by a low-hire, low-fire environment. The sluggish hiring rate has made it especially difficult for workers entering the market or looking for a new job, fueling a deterioration in labor market confidence. New entrants have had an especially difficult time in the labor market, as older workers stick around longer and employers put an emphasis on experience over long-term potential.

Salaries from new job postings ticked up notably in January, increasing by 2.5% from December 2025. Sectors driving the increase were Leisure and Hospitality, Mining and Oil Extraction and Manufacturing. While these industries have seen weaker job demand, the calibre of jobs open in January increased.

Layoffs data are based on mass layoff events in the WARN notices. The WARN act requires businesses with 100 or more full-time workers must issue advance layoff notices if they plan to lay off at least 50 employees. The notices should be handed to employees and submitted to the Department of Labor 60 days in advance. The number of employees notified with layoffs has declined in December, and so is the number of employees laid off based on previous notices.