Tag: hiring report

Jobs Report for June Surpasses Expectations

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’

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A Robust June Jobs Report Clouds Outlook for US Economy

Associated Press (07/08/22) Rugaber, Christopher The June hiring report has eased concerns of an impending recession in the U.S. economy, indicating a healthy labor market. However, the data also underscores a significant divergence between the labor market’s strength and other economic indicators, suggesting a critical juncture for the economy. While robust hiring and wage growth could bolster economic resilience, inflation and rising borrowing rates orchestrated

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