07.10.2022
Chicago 12, Melborne City, USA
Politics

Weekly Economic & Financial Commentary. July Jobs Report Squashes Current Recession Fears

Summary United States: July Jobs Report Squashes Current Recession Fears Employers added over half a million jobs in July, which squashes arguments that the US economy is currently in recession. While other measures of labor market strength have shown more pronounced signs of slowing, the July jobs report puts further pressure on the Fed to …

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