Published July 15, 2022
Last week we noted that some economists argue we are not approaching (or in) recession because the labor market is too strong to suggest that. This week, we follow Schwab’s Liz Ann Sonders as she takes a deep dive into the state of the labor market and comes to a different conclusion, namely that the labor market, though strong, has been trending weaker. Here’s Schwab’s Sonders with all kinds of analysis to back up her view. (more…)
