Bloomberg Television
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Will Resilient US Labor Market Prevent a Recession?
Posted
June 7, 2023
Views
1,692
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Engagement
1.18%
June 7, 2023
1,692
18
2
1.18%
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1:12Now PlayingOver a year of aggressive interest rate increases by the Federal Reserve has done little to tame a vibrant US labor market, which in May bounced off a 50year low in unemployment. While that resilience has bred some resentment amongst investors and consumers, both struggling with higher borrowing costs, it's also increasingly apparent that robust employment may prevent a recession. Presented by @cmegroup
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