Historical Year Data · 1974

Nonfarm Payrolls in 1974

Nonfarm Payrolls opened 1974 at 78,100 and closed at 77,652, a -0.57% move for the year. The high of 78,636 was reached on July 1, and the low of 77,652 on December 1.

Open

78,100

1974-01

77,652

12 data points

High

78,636

Jul 1

Low

77,652

Dec 1

Full Year Change

-0.57%

1973 Change

+3.19%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Jan	78,100	78,100	78,100	78,100	+0.00%
Feb	78,254	78,254	78,254	78,254	+0.00%
Mar	78,296	78,296	78,296	78,296	+0.00%
Apr	78,382	78,382	78,382	78,382	+0.00%
May	78,549	78,549	78,549	78,549	+0.00%
Jun	78,604	78,604	78,604	78,604	+0.00%
Jul	78,636	78,636	78,636	78,636	+0.00%
Aug	78,619	78,619	78,619	78,619	+0.00%
Sep	78,610	78,610	78,610	78,610	+0.00%
Oct	78,630	78,630	78,630	78,630	+0.00%
Nov	78,265	78,265	78,265	78,265	+0.00%
Dec	77,652	77,652	77,652	77,652	+0.00%

Events During 1974

1973 OPEC Oil Embargo

Stagflation

October 1973 – March 1974

OPEC quadrupled oil prices and embargoed shipments to the United States in response to US support for Israel in the Yom Kippur War. The shock launched a decade of stagflation.

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