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Data is partially positive:
US July Employment Data:
- Unemployment rate: %4.2 (expectation: %4.2)
- Non-farm employment: +73K (expectation: +110K)
- Private sector employment: +83K (expectation: +100K)
- Hourly earnings (Y/Y): +%3.9 (expectation: +%3.8
- Hourly earnings )A/A(: +%0.3 )expectation: +%0.3(
- Participation rate: %62.2 )expectation: %62.3(
- Manufacturing employment: -11K )expectation: -3K(
- Average weekly working hours: 34.3 hours )expectation: 34.2(
- Broadly defined unemployment )U-6(: %7.9