What July's Robust Job Report Means For The U.S. Economy

by News Update

The July jobs report showed an unexpected level of job growth, with U.S. employers adding over 500,000 jobs. This comes amid growing concerns for a potential recession. What do these new numbers mean for the economy? CNBC Senior White House Correspondent Kayla Tausche, KPMG Chief Economist Diane Swonk and former Council of Economic Advisers chairman Austan Goolsbee join to discuss.

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15 comments

Chuckle s August 6, 2022 - 4:09 AM

GASLIGHTING!!!!!!

Ivan Petrov August 6, 2022 - 4:14 AM

❤Only for fans over 18 year⤵️ Alles sehr schön. Aber zuerst zusammen die Nummern 10 und 1. Eine verwohn.online Brünette und eine andere Blondine. Es wäre unfair, wennh ich 4 wählen würde

Андрей Фролов August 6, 2022 - 4:18 AM

Alles sehr schön. Aber zuerst zusammen die Nummern 10 und 1. Eine empru.ONLINE Brünette und eine anderez Blondine. Es wäre unfair, wenn ich 4 wählen würde

David Martinez August 6, 2022 - 4:25 AM

I thought illegals were going to take your job.

James Hurst August 6, 2022 - 4:28 AM

The question nobody ask is how would the republicans change things?

K2 August 6, 2022 - 4:37 AM

LOL…. Is Trump a Russian Operative? LMAO. Hunter's Laptop is a HOAX… LMAO… The Inflation Act… Haha. What a spending scam! It was an "INSURGENCE/COUP" OMG LMAO…Why do you love the Democrats? Your HATRED has you locked in a bottle! Are you a RACIST too! Probably!

L. Diaz August 6, 2022 - 4:40 AM

Social Scientists have been warning for years that when the baby boomers moved out of the labor market, we would suffer a catastrophic labor shortage.🤷‍♀️

Also, stats are saying that when people are asked how their family is personally doing, they reply that it is fine.
However, when you ask those same people how the national economy is doing, they say terrible.
It's all perspective – they're fine, nation bad?🤦‍♀️
In addition, the dollar value has gone up and wenhave the lowest inflation rate globally .

Willys Best August 6, 2022 - 4:52 AM

To bad wages are eaten up by inflation and now people have to work 2 jobs to be where they were under Trump. Good thing jobs are available everyone needs Two.

rareroots August 6, 2022 - 4:55 AM

If fakenews robust = anemic

m a r y bailey August 6, 2022 - 4:55 AM

does anyone believe these reports?

Nothing_State August 6, 2022 - 5:01 AM

Companies can always let people go later on, as of now it's summer and summers have been pretty big with lots of travel and spending after that first year or so after covid. Many firms are using shrinkflation at a higher % to pass costs onto consumers hence they are able to hire more. Rising interest rates are a good thing though since a recession is inevitable and it is doubtful that inflation will correct itself fast enough.

Chris Wink August 6, 2022 - 5:10 AM

All lies!!!

NBW KMTK SPKTRM inc. August 6, 2022 - 5:30 AM

Still rent, food and gas is too expensive.

Ziruk-King August 6, 2022 - 5:47 AM

I don't believe these two– not buying
🤡🤡🥳🥳🥳

Truth Bot August 6, 2022 - 7:11 AM

BIDEN. RIDE THE BOOM! 💥 🇺🇸 💰