Historical Year Data · 1972

Nonfarm Payrolls in 1972

Nonfarm Payrolls opened 1972 at 72,441 and closed at 75,268, a +3.90% move for the year. The high of 75,268 was reached on December 1, and the low of 72,441 on January 1.

Open

72,441

1972-01

75,268

12 data points

High

75,268

Dec 1

Low

72,441

Jan 1

Full Year Change

+3.90%

1971 Change

+1.76%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Jan	72,441	72,441	72,441	72,441	+0.00%
Feb	72,648	72,648	72,648	72,648	+0.00%
Mar	72,944	72,944	72,944	72,944	+0.00%
Apr	73,162	73,162	73,162	73,162	+0.00%
May	73,469	73,469	73,469	73,469	+0.00%
Jun	73,758	73,758	73,758	73,758	+0.00%
Jul	73,709	73,709	73,709	73,709	+0.00%
Aug	74,141	74,141	74,141	74,141	+0.00%
Sep	74,264	74,264	74,264	74,264	+0.00%
Oct	74,674	74,674	74,674	74,674	+0.00%
Nov	74,973	74,973	74,973	74,973	+0.00%
Dec	75,268	75,268	75,268	75,268	+0.00%

Events During 1972

1971 Nixon Shock (End of Gold Standard)

Stagflation

August 15, 1971

On August 15, 1971, President Nixon announced the United States would no longer convert dollars to gold at $35/oz, ending the Bretton Woods system and ushering in the modern fiat era.

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