- Nonfarm payrolls forecast increasing 750,000 in August
- Unemployment rate seen falling to 5.2% from 5.4%
- Average hourly earnings forecast rising 0.3%
WASHINGTON, Sept 3 (Reuters) – U.S. employment growth likely pulled back in August after gaining nearly 2 million jobs in the past two months as soaring COVID-19 cases reduced demand for travel and entertainment, but the pace was probably enough to sustain the economic expansion.
The Labor Department’s closely watched employment report on Friday