The US August non-farm payroll data and unemployment rate will be released tonight at 8:30 PM.

BlockBeats News, September 5th, the U.S. Bureau of Labor Statistics will announce the U.S. August seasonally adjusted nonfarm payroll data and the U.S. August unemployment rate data tonight at 20:30, including:

· U.S. August Seasonally Adjusted Nonfarm Payrolls (in thousands) Expected: 7.5, Prior: 7.3. This data reports the changes in the number of people employed in the U.S. nonfarm sector, excluding the agricultural sector. It is derived from sampling surveys of U.S. businesses, government agencies, and nonfarm sectors. On the first Friday of each month, the U.S. Department of Labor releases the nonfarm payroll data for the previous month.

· U.S. August Unemployment Rate Expected: 4.30%, Prior: 4.20%. This data refers to the percentage of the unemployed population in the labor force during a certain period (the number of job seekers who are willing to work but still do not have a job within the total employed population during a certain period), aiming to measure the idle labor capacity and is a key indicator reflecting the unemployment situation of a country or region. The unemployment rate is one of the most important economic indicators, heavily influenced by labor market supply and demand and economic cycles. The level of the unemployment rate also reflects the economic conditions.

Prior to the release of nonfarm payroll and unemployment rate data, the probability of a September rate cut by the U.S. Federal Reserve on the CME has risen to 99.4%, with 12 days, 11 hours, and 5 minutes remaining until the next FOMC meeting.