The latest on US labor market developments in the July NFP coming up at 1230GMT on Friday 3 August 2018

Median consensus estimates:

Change in nonfarm payroll

  • expected 193K, prior +213K

Private payrolls

  • expected +190k (prior +202K)

Manufacturing payrolls

  • expected +25K, prior +36K

Unemployment rate

  • expected 3.9%, prior 4.0%

Average hourly earnings

  • expected +0.3% m/m, prior +0.2%
  • expected +2.7%, prior +2.7%

Average weekly hours

  • expected 34.5, prior 34.5

Participation

  • prior 62.9%

Earlier previews posted: