Historical Year Data · 1980

Nonfarm Payrolls in 1980

Nonfarm Payrolls opened 1980 at 90,800 and closed at 90,943, a +0.16% move for the year. The high of 90,994 was reached on March 1, and the low of 89,840 on July 1.

Open

90,800

1980-01

90,943

12 data points

High

90,994

Mar 1

Low

89,840

Jul 1

Full Year Change

+0.16%

1979 Change

+2.10%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Jan	90,800	90,800	90,800	90,800	+0.00%
Feb	90,883	90,883	90,883	90,883	+0.00%
Mar	90,994	90,994	90,994	90,994	+0.00%
Apr	90,849	90,849	90,849	90,849	+0.00%
May	90,420	90,420	90,420	90,420	+0.00%
Jun	90,101	90,101	90,101	90,101	+0.00%
Jul	89,840	89,840	89,840	89,840	+0.00%
Aug	90,099	90,099	90,099	90,099	+0.00%
Sep	90,213	90,213	90,213	90,213	+0.00%
Oct	90,490	90,490	90,490	90,490	+0.00%
Nov	90,747	90,747	90,747	90,747	+0.00%
Dec	90,943	90,943	90,943	90,943	+0.00%

Events During 1980

1979 Volcker Shock

Stagflation

October 1979 – August 1982

Paul Volcker's Fed raised interest rates to 20% to break entrenched inflation. The policy triggered the deepest post-war recession but ended the stagflation era and established inflation-targeting credibility.

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