Employment report shows no signs of recession yet as labor market remains strong: Fed still wary of further interest rate hikes

Posted August 5, 2022 9:50 am in FIR staff

Below, EPI economists offer their initial findings from the jobs report released this morning, which showed 528,000 jobs were added in July.

From EPI Senior Economist Eliza Gould (@eliselgould):

Read the full Twitter thread here.

From EPI President Heidi Schierholtz (@hshierholz):

Read the full Twitter thread here.