Unpacking Job Growth: June’s Unexpected Gains The 147,000 jobs added in June mask an uneven landscape, with the bulk of growth concentrated in health care (+58,600), leisure and hospitality (+20,000), and what appears to be an artificial surge of +80,000 in state and local government jobs. Excluding these public sector gains, private businesses generated just […]
Tag Archives: economic recovery
As you consider the recent developments in the US-China trade war, you’ll notice that tariffs have been slashed from suffocatingly high levels, potentially avoiding a self-inflicted recession. You should be aware that while this breakthrough is a positive step, recession risks remain and uncertainty is still high, making it important to stay informed about the […]
A recession may seem to you just another stage in the cycle of the economy, but it can have deep, even permanent, consequences for people and communities. As President Donald Trump suggests the need to sacrifice some of the economy’s gains in exchange for fighting the coronavirus, it’s worth remembering just what a toll the last recession [...]