August US Nonfarm Payrolls Expected to Rise by 75,000, Unemployment Rate Seen Rising to 4.3%.

03:21 PM EDT, 09/04/2025 (MT Newswires) -- US nonfarm payrolls are expected to rise by 75,000 in August after an increase of 73,000 jobs in July, while the unemployment rate is forecast to rise to 4.3% from 4.2%, according to a survey compiled by Bloomberg.

The August employment data are scheduled to be released at 8:30 am ET Friday.

Layoffs intentions increased in August, according to a Challenger, Gray and Christmas report released on Thursday, with the pharmaceutical sector adding the most to the overall total.

The BLS's private payrolls count, which excludes government payrolls, is expected to increase by 75,000 in August after a jobs gain of 83,000 in July. ADP reported Thursday that its measure of private payrolls rose by 54,000 jobs in August after a 106,000-jobs increase in the previous month.

Job openings fell in July based on BLS data released on Wednesday, while hiring increased.

Initial claims were higher in the mid-August employment survey week than in the mid-July survey week while insured claims were little changed.

The National Federation of Independent Business reported that 32% of small business owners continued to have problems filling current positions in August, down from 33% in July.

On the consumer side, the percentage of respondents saying that jobs were "plentiful" in the Conference Board's August consumer confidence survey released on Tuesday fell by 0.2 percentage point to 29.7% but those saying jobs were "hard to get" increased by 1.1 percentage points to 20.0%, narrowing the gap between the two measures.

Average hourly earnings are expected to increase by 0.3% in August after a 0.3% gain in July, while the year-over-year growth rate is expected to slow to 3.8% from 3.9%. The average workweek is expected to remain at 34.3 hours in the previous month.

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