Nonfarm payroll reflects the short-term job market growth, while unemployment rate represents the long-term trend.
An increase of 150 to 200 thousand in nonfarm payroll indicates the economy is strong. When the economy is weak, nonfarm payroll turns negative before unemployment rate rises.
US Nonfarm Payrolls (SA, monthly change, L)2022-07528.00k
US Unemployment Rate (SA, R)2022-073.50%