Diverging Jobs Data Raise Questions About Labor Market Health

by | Jul 18, 2022 | Business

The U.S. is adding workers at a strong pace over the past three months. It is also losing workers.The conflicting employment data come from two different surveys—one of employers and one of households—used to calculate employment, unemployment and other key figures in the Labor Department’s monthly jobs report. The divergence raises questions about the labor market’s overall strength as more signs point to a slowing economy.

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