Economy · August 5, 2022

Employment report shows no signs of recession, yet, as labor market remains strong: Fed should still be wary of raising interest rates further

Sent on August 5, 2022 at 9:50 am by EPI staff

Below, EPI economists offer their first insight into the employment report released this morning, which showed 528,000 jobs added in July.

By EPI Senior Economist Elise Gould (@eliselgould):

Read the full Twitter thread here.

By the president of the EPI, Heidi Shierholz (@hshierholz):

Read the full Twitter thread here.