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The Latest Jobs Report’s Impact on Inflation, Recession Fears: June Nonfarm Payrolls | Market Takes
Posted
July 8, 2023
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July 8, 2023
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18:15Now PlayingThe June nonfarm payrolls report follows a string of blow-out U.S. jobs numbers that showed employers undeterred by higher interest rates and a tightening economy. The latest report sets the stage for what comes next. Can inflation continue to fall or will wage pressures and rising corporate profits push prices higher again? And is the U.S. really headed for a soft landing?
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