We have two more days until the US government releases its July jobs report, but President Donald Trump is already talking it up.
You will have a big number on Friday. I don't know what it's going to be," the president told Fox & Friends in an interview this morning.
Trump has spoken about previous monthly jobs reports in similarly vague terms before their release before, breaking with years of presidential protocol.
In the "last two months we set a record on the job numbers. Now we will have another big job number on Friday, so it will be interesting to see what that is," he said in the interview.
Economists expect 1.6 million jobs were added to the US economy in July, markedly fewer than the 4.8 million added June, which set a record for most new jobs in one month.
But even if the July predictions hold true, the US economy will still be down some 13 million jobs since February. The unemployment rate is expected to fall to 10.5% in July, still above the Great Recession peak.
But considering the ADP employment report this morning, we could be in for an ugly surprise Friday morning: Only 167,000 new private sector jobs were added last month, according to ADP, dramatically missing the expectations of 1.5 million from economists polled by Refinitiv.