That has economists looking at all kinds of data, prepping in great detail for the 8:30 a.m. Eastern time whistle on Thursday. The report is usually on the first Friday of the month, but it will arrive a day earlier owing to the July 4 holiday.

U.S. private payrolls fell for the first time in more than two years in June as economic uncertainty hampered hiring, but low layoffs continued to anchor the labor market.