U.S. labor market defies recession fears as job growth surges in July - Reuters


8/5/2022 12:00:00 AM2 years 8 months ago

U.S. job growth unexpectedly accelerated in July, lifting the level of employment above its pre-pandemic level and pouring cold water on fears the economy was in recession.

WASHINGTON, Aug 5 (Reuters) - U.S. job growth unexpectedly accelerated in July, lifting the level of employment above its pre-pandemic level and pouring cold water on fears the economy was in recessi… [+6000 chars]

full article...