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Investors brace for July jobs report after weak payroll forecasts
Economists expect nonfarm payrolls to rise by 83,000, with the unemployment rate holding at 4.2%.
CNBC Markets and CNBC Economy previewed the upcoming July jobs report, focusing on how the data could influence expectations for interest rates.
Market participants are looking for nonfarm payrolls to increase by 83,000, according to the forecasts cited by CNBC.
They also expect the unemployment rate to remain unchanged at 4.2%.
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Bonds & RatesJuly jobs report expected to show soft hiring pace