Jobs report shows no signs of recession – yet – as labor market remains strong: Fed must remain wary of raising rates much more

Posted Aug 5, 2022 at 9:50 AM By EPI Staff

Below, EPI economists provide their preliminary view of this morning’s jobs report, which showed 528,000 jobs added in July.

From EPI’s Chief Economist, Elise Gould (Tweet embed):

Read the full Twitter thread here.

From EPI President, Heidi Scherholz (Tweet embed):

Read the full Twitter thread here.

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