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Strong labor market growth is pushing aside recession fears

Por: Portland Press Herald Business July 08, 2023

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The U.S. economy added 209,000 jobs in June, pushing off recession fears that dominated the early half of 2023. The unemployment rate remained fell slightly to 3.6%, according to a Bureau of Labor Statistics report released Friday. After months of cooling down, the U.S. labor market continues to show signs of strength, similar to the era before the pandemic. Related Employers are spinning out jobs at a rate that has consistently beaten... + full article



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