The headline for the June NFP is at median consensus of +160K, after the previous in May at +75K.

for the unemployment rate

  • expected 3.6%, prior 3.6%

Average hourly earnings

  • expected 0.3% m/m, prior 0.2%
  • expected 3.2%, prior 3.1%

Average weekly hours worked expected unchanged on the month at 34.4

Earlier previews are here:

This now via Westpac from a Friday note, in brief:

  • anticipated to bounce back after a soft read in May (+75k in the month and the previous level revised down by 75k). Consensus for Jun is for a 160k increase in employment with the unemployment rate holding at 3.6%.
  • The trend lower in average hourly earnings is seen to stabilise, edging up to 3.2%yr from 3.1%yr in May