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
July 8, 2022