The July jobs numbers are due out Friday. Here's what to expect
Nonfarm payrolls are expected to post a gain of just 83,000 with an unchanged unemployment rate at 4.2%.
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The July jobs report is expected to show nonfarm payrolls gaining only 83,000, with the unemployment rate holding steady at 4.2%, following a weak June gain of 57,000. Economists will look beyond headline numbers for clues on labor force participation, wage growth, and sector trends, as the Federal Reserve balances inflation worries with labor market health. The June report saw labor force participation tumble to 61.5%, its lowest since March 2021.