HERE COMES THE JOBS REPORT...

Here it is: the July jobs report.

The Bureau of Labor Statistics is set to release its July employment report at 8:30 am ET.

The latest data from Bloomberg show economists expect the U.S. economy added 227,000 nonfarm payrolls in July with the unemployment rate expected to hold steady at 6.1%.

According to Bloomberg, users polled on Twitter expect the report to show the economy added 244,000 nonfarm payrolls in July.

Hours worked are expected to remain steady at 34.5 with hourly wages expected to grow 0.2% over last month and 2.2% over last year.

The jobs comes at the end of a busy week for the economy, with Wednesday's GDP report showing the economy expanded at a 4% annualized pace in the second quarter.

Concurrent with the release of the jobs report, the BEA will release the latest personal income and outlays report which contains "core" PCE, the Federal Reserve's preferred measure of inflation.

We'll be back with the live numbers when they hit.