Q&A of the Day – Is It Possible to be in a Recession While Still Gaining Jobs?

Published: July 11, 2022, 10:18 a.m.

Adding a few hundred thousand jobs a month can’t begin to account for the average household falling 3.5% further behind per month. Until wage growth outpaces the rate of inflation, the US economy can’t sustain economic growth. Consumer spending is 70% of the US economy