The non-farm payrolls preview for July 2, 2015 that sticks to the numbers:
Release time is Thursday at 8:30 am ET (1230 GMT)
nonfarm payrolls net change
Goldman Sachs says: "Labor market indicators were mixed in June, suggesting a print roughly in line with the 217k monthly average seen so far in 2015. We expect the unemployment rate to decline by one-tenth to 5.4%. Finally, average hourly earnings are likely to rise a softer 0.1% in June as a result of calendar effects."
It's a rare Thursday release of non-farm payrolls because of the US holiday on Friday. That's an added wrench in a week that already features a snap Greek referendum. The US dollar is sizzling hot headed into the release, gaining a cent against the euro, pound, Swiss franc and loonie on Wednesday.
After the net change in payrolls, the second-most important line will be average hourly earnings followed by average weekly hours. The Fed knows the jobs market is solid but if they're forced into a September rate hike, it will be because of early signs of wage inflation.
If you'd like to win a free copy of Greg Michalowski's book Attacking Currency Trends, play along with our free non-farm payrolls contest.