Institution Forecasts U.S. Unemployment Rate for July

date
07/08/2026
1. National Bank of Canada: +4.1%; Deutsche Bank: +4.2%; Mizuho Securities: +4.2%; HSBC Holdings: +4.2%; 2. Royal Bank of Canada: +4.2%; Danske Bank: +4.2%; BNP Paribas: +4.2%; Wells Fargo: +4.2%; 3. Berenberg Bank: +4.2%; Commonwealth Bank of Australia: +4.2%; Oxford Economics: +4.2%; Pantheon Macroeconomics: +4.2%; 4. Nordea Bank: +4.2%; Socit Gnrale: +4.2%; Moody's Analytics: +4.2%; Nomura Securities: +4.2%; 5. Bank of Montreal: +4.2%; Barclays Bank: +4.2%; TD Securities: +4.2%; High Frequency Economics: +4.2%; 6. Sumitomo Mitsui Banking Corporation: +4.3%; Morgan Stanley: +4.3%; JPMorgan Chase: +4.3%; Vanguard: +4.3%; 7. Daiwa Capital Markets: +4.3%; Lloyds Bank: +4.3%; Bank of Nova Scotia: +4.3%; Standard Chartered Bank: +4.3%; 8. Westpac Banking Corporation: +4.3%; ING: +4.3%; Capital Economics: +4.3%; Citigroup: +4.3%; 9. National Westminster Bank: +4.3%; Deutsche Bank: +4.3%; Goldman Sachs Group: +4.3%; UBS Group: +4.3%; 10. Canadian Imperial Bank of Commerce: +4.3%; Bank of America Merrill Lynch: +4.3%; US Bank: +4.3%; [Reuters forecast: 4.2%]