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What the Jobs Picture Says About Recession

Please note: This update was prepared on Friday, July 8, 2022, prior to the market’s close. Journalists wore out their thesauruses this week scanning for new ways to say “recession fears.” Just about every market development under the sun—including the price of copper, skyscraper office vacancies, falling mortgage rates, steady oil prices, …

What the Jobs Picture Says About Recession

Journalists wore out their thesauruses this week scanning for new ways to say “recession fears.” Just about every market development under the sun—including the price of copper, skyscraper office vacancies, falling mortgage rates, steady oil prices, falling gas prices and fewer new job postings—was attributed to the prospect of an economic downturn. …

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