Nowflation › Release calendar › August 2026 jobs report

August 2026 jobs report: +133K — Graded, Nowflation +73K

Countdown

Released Friday, September 4, 2026 at 8:30 AM ET. Graded below.

What to watch

Prior: payrolls +21K in July 2026.
Street consensus: +56K payrolls (FMP economic calendar estimate).
Unemployment rate: 4.1% in July 2026.
Nowflation: the in-house payroll nowcast (as of September 3, 2026) is graded below after the report. Watch average hourly earnings against the Gauge: real wages are the inflation story in this report.

The Nowflation call

+73K nonfarm payrolls for August 2026 (Nowflation's in-house payroll nowcast, last before the release, September 3, 2026; not a sealed receipt).

Competing forecasts

Forecaster	Call	Miss
Street consensus	+56K	−77K
Prior month (naive)	+21K	−112K

Grading

August 2026 payrolls +133K (reported September 4, 2026), unemployment 4.1% (prior +21K). Source: BLS, from series PAYEMS (monthly change) and UNRATE.

Nowflation +73K vs printed +133K: miss −60K.