July Payrolls: What to Watch Before Friday's Jobs Report
Friday's July Employment Situation report arrives at 8:30 a.m. ET with more riding on it than a typical monthly print. After two consecutive soft payrolls readings and a Federal Reserve increasingly split on whether to hike or hold, the number from the Bureau of Labor Statistics will do more than update the labor market ledger. It will set the terms of the September 16-17 FOMC meeting. Key Takeaways Consensus expects +88K nonfarm payrolls, 4.2% unemployment, and +0.3% average hourly earnings month-over-month for July 2026, per Investing.com and Reuters surveys recorded August 2. June came in at +57K, well below the +110K consensus, with prior months revised down a combined 74K per BLS releas…
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