US job market provides hopeful signs against recession and inflation, but other data are worrisome - Jason Furman and Wilson Powell III

July 8, 2022, Opinion: "The US employment report for June continues to show a strong labor market that is consistent with a strong economy with moderating inflationary pressures. Employment is growing robustly, unemployment is low and stable, and nominal wage growth continues to slow, which should ease inflationary pressure. The one discordant note in the June data was a decline in labor force participation." Read Via PIIE

HKS Faculty Author - Jason Furman
HKS Affiliate - Wilson Powell