Job Report Beats Expectations! via /r/wallstreetbets #stocks #wallstreetbets #investing

Job Report Beats Expectations!

U.S. employers added 528,000 jobs in July, the Labor Department said on Friday, an unexpectedly strong gain that shows the labor market is withstanding the economic impact of higher interest rates, at least so far.

The impressive performance — which brings total employment back to its level of February 2020, just before the pandemic lockdowns.

Are we in an Recession I think so!

Submitted August 05, 2022 at 09:44PM by MiningManInvestor
via reddit