U.S. News & World Report (07/08/22) Smart, Tim
In June, the job market exceeded expectations, with employers adding new jobs despite concerns over rising interest rates and the possibility of a recession. The American Staffing Association reported a record-high staffing index for the month, indicating ongoing demand for new employees. While some economic indicators suggest a slowing economy, hiring confidence remains strong, fueled by employers’ struggles to fill positions to meet demand. Despite potential uncertainties, the labor market remains resilient, albeit at a slightly slower pace compared to earlier in the year.
Read the full original article here: Jobs Report for June Dashes Expectations With 372,000 Increase
