47% chance U.S. adds fewer than 40,000 jobs in August
AI Summary
47% chance the U.S. adds fewer than 40,000 jobs in August.
40,000 jobs is the threshold for the projected August payroll increase.
Three consecutive months of sub-40,000 payroll growth would be the first since 2010.
The latest estimate puts the probability that the U.S. adds fewer than 40,000 jobs in August at 47%. If realized, the result would extend sub-40,000 payroll growth to three consecutive months, marking the first such streak since 2010.
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