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The Job Market Got Even Better, In A Surprisingly Positive Sign For The EconomyU.S. employers added 528,000 jobs in July, showing the labor market remains strong, despite high inflation and softening economic growth. The unemployment rate fell to 3.5%.
Source: LAist - 🏆 606. / 51 Read more »
Job market defies expectations with blockbuster growth in JulyWe’ve all heard plenty of talk about a possible recession, but at least for now, there’s no evidence of it in the surprisingly resilient U.S. job market. MaddowBlog Those jobs aren’t new jobs. They’re the jobs nobody would take the last couple years. Suddenly people are applying for them. Why? Cost of living get too high? Government aid run out? MaddowBlog Part time jobs MaddowBlog Working multiple jobs to pay for biden era oil and groceries doesn't disprove this recession.
Source: MSNBC - 🏆 469. / 51 Read more »