CNBC Article
The US economy added 266,000 jobs last month, exceeding expectations by over 70k. Unemployment also dropped from 3.6% back down to 3.5%, which is the lowest in 2019 and since 1969. This is helped by the end of the GM strike which added 41,300 jobs on its own. This is really great news contradicting so far some opinions that we might head into a recession, and more good news like this might help stem that looming possibility even longer. Bad news on some other economic news of late, but this is reassuring.
Do you think that this boom in the job market is enough to keep all of the economists at bay, or do you think that this will be overlooked?
ReplyDelete