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Friday, July 5, 2019

(Never Forget) Jobs Creation Continues in June

"Recession concerns are overblown" said Gus Faucher
chief economist at PNC Bank.

"There is no indication the labor market is in trouble or
the broader U.S. economy."

The economy added
224,000 jobs in June, surging
past expectations and helping
ease fears that economic growth might be losing momentum.


The unemployment rate
remains near a
half-century low.
The rate has
been at or below 4 percent for
more than a year, and many
companies say they are struggling to find enough workers
to fill all their job openings.

The strong numbers exceeded
analysts' expectations of only




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