Jul 2, 2026
neutralJune Nonfarm Payrolls Due at 8:30 AM — Consensus Expects 100,000 Jobs as Fed Rate-Hike Odds Hit 54.5% for 2026
The Bureau of Labor Statistics releases the June nonfarm payrolls report today at 8:30 AM ET, with Wall Street consensus at 100,000 new jobs versus 172,000 in May. The unemployment rate is forecast to hold at 4.3%, and average hourly earnings are expected at 0.3% month-over-month. Markets pricing a 54.5% chance of a Fed rate hike by year-end. Wednesday's soft ADP print of 98,000 private-sector jobs has left investors on edge ahead of the binary catalyst.