US Nonfarm Payrolls expected to rise by 80K in July

The US Bureau of Labor Statistics (BLS) is set to release the Nonfarm Payrolls (NFP) data for July on Friday at 12:30 GMT. Analysts anticipate a rise of 80,000 jobs, following June's weaker than expected 57,000 jobs added. The Unemployment Rate is projected to remain steady at 4.2%, while annual wage inflation, measured by the change in the Average Hourly Earnings (AHE), is expected to stay constant at 3.5%.

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