Imminent Rate Hike? A Real Recession? Upcoming Jobs Report Makes All The Difference
On Friday, August 5th, at 8:30 a.m. EDT, the July nonfarm payroll data will be released by the Bureau of Labor Statistics (BLS). The data is a measure of how many jobs were created in the US, excluding farmworkers and a few other job classifications. The data will allow economists to better understand the state of the economy and if the nation is heading for a recession.