Jobs report, unemployment rate, and hourly earnings data due Friday

Published 04/09/2025, 19:02
© Pavlo Gonchar / SOPA Images/Sipa via Reuters Connect

As traders approach another pivotal day for financial markets, a series of crucial economic data releases that could sway market dynamics are expected on Friday, September 5, 2025. The U.S. Bureau of Labor Statistics is set to release its highly anticipated monthly jobs report, including nonfarm payrolls, the unemployment rate, and average hourly earnings. These key indicators will provide valuable insights into the health of the labor market and potential inflationary pressures, which could influence Federal Reserve policy decisions and market sentiment.

Major Economic Events to Watch

• 8:30 AM ET: Nonfarm Payrolls (Forecast:75K, Previous: 73K) - Measures change in employed people, excluding the farming industry

• 8:30 AM ET: Unemployment Rate (Forecast:4.3%, Previous: 4.2%) - Percentage of the total workforce that is unemployed and seeking employment

• 8:30 AM ET: Average Hourly Earnings (MoM) (Forecast:0.3%, Previous: 0.3%) - Measures change in the price businesses pay for labor

Other Important Economic Events to Watch

• 8:30 AM ET: Private Nonfarm Payrolls (Forecast:75K, Previous: 83K) - Measures change in private sector employment

• 8:30 AM ET: Average Hourly Earnings (YoY) (Forecast:3.7%, Previous: 3.9%) - Annual change in wages

• 8:30 AM ET: Participation Rate (Previous:62.2%) - Share of working-age population either working or looking for work

• 1:00 PM ET: Baker Hughes U.S. Rig Count (Previous:412) - Indicator of demand for oil products

• 1:00 PM ET: U.S. Baker Hughes Total Rig Count (Previous:536) - Total number of active drilling rigs

• 3:30 PM ET: CFTC S&P 500 speculative positions (Previous:-187.8K) - Indicator of market sentiment for S&P 500

• 3:30 PM ET: CFTC Nasdaq 100 speculative positions (Previous:36.1K) - Indicator of market sentiment for Nasdaq 100

• 3:30 PM ET: CFTC Gold speculative positions (Previous:214.3K) - Indicator of market sentiment for gold

• 3:30 PM ET: CFTC Crude Oil speculative positions (Previous:109.5K) - Indicator of market sentiment for crude oil

Other Economic Events to Watch

• 8:30 AM ET: Manufacturing Payrolls (Forecast:-5K, Previous: -11K) - Change in the number of employed people in the manufacturing sector

• 8:30 AM ET: Government Payrolls (Previous:-10.0K) - Change in the number of employed people in the government sector

• 8:30 AM ET: Average Weekly Hours (Forecast:34.3, Previous: 34.3) - Average number of hours worked by employees on non-farm payrolls

• 8:30 AM ET: U6 Unemployment Rate (Previous:7.9%) - Includes marginally attached workers and those employed part-time for economic reasons

• 3:30 PM ET: CFTC Aluminium speculative net positions (Previous:1.1K) - Indicator of market sentiment for aluminium

• 3:30 PM ET: CFTC Copper speculative positions (Previous:26.2K) - Indicator of market sentiment for copper

• 3:30 PM ET: CFTC Silver speculative positions (Previous:46.5K) - Indicator of market sentiment for silver

• 3:30 PM ET: CFTC Natural Gas speculative positions (Previous:-103.9K) - Indicator of market sentiment for natural gas

• 3:30 PM ET: CFTC Wheat speculative positions (Previous:-78.8K) - Indicator of market sentiment for wheat

• 3:30 PM ET: CFTC Corn speculative positions (Previous:-70.9K) - Indicator of market sentiment for corn

• 3:30 PM ET: CFTC Soybeans speculative positions (Previous:18.2K) - Indicator of market sentiment for soybeans

For further information and the latest updates, please refer to our Economic Calendar, here.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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