Hot US Jobs Data Throw Cold Water on Recession Theory: Chart - Bloomberg Law

The jobs report for July showed that two official indicators of US economic recession -- nonfarm payrolls and household employment -- are expanding at a rapid rate, confounding Wall Street’s fears of an imminent downturn.

The jobs report for July showed that two official indicators of US economic recession -- nonfarm payrolls and household employment -- are expanding at a rapid rate, confounding Wall Streets fears o… [+466 chars]

full article...