If August nonfarm payrolls print positive, that would be an improvement from July’s -23k. Economists warn state and local government hiring and back-to-school teacher recruitment (or lack thereof) could seasonally skew August’s labor-market reading, and they urge caution on today’s employment report.

2026-09-04

If August nonfarm payrolls print positive, that would be an improvement from July’s -23k. Economists warn state and local government hiring and back-to-school teacher recruitment (or lack thereof) could seasonally skew August’s labor-market reading, and they urge caution on today’s employment report.