US Job Growth Expected to Hold Steady in July at 95K
The US labor market likely remained little changed in July, with nonfarm payrolls forecast to rise by 95K, matching the average pace of the first half of 2024.
Nonfarm payroll growth averaged 92K over the first six months of the year. According to early estimates, July is expected to see a similar increase of 95K, pointing to continued stability in the labor market.
The coming data will be parsed for any signs of softening or resilience, but for now the outlook suggests no major shift from the recent trend.
Source: FXStreet Forex News