Market focus on US NFP figure on Friday, 3rd of August
What to expect from US employment report for July?
US employment report for July, will be released on Friday at 12:30 (GMT).
Economic Data | Expectations |
---|---|
Non-Farm Payrolls figure: | Expected 190k, previous figure 213k |
Unemployment rate: | Expected at 3.9%, previous reading 4.0% |
Average Earnings growth rate: | Expected at +2.7% yoy, previous 2.7% yoy |
Overall, if actual figures meet the forecast the indicators show a rather tight labor market however it should be noted that the drop of the NFP figure blurs the whole picture a bit.