Opinion: Catherine Rampell: The economy sure doesn't look like it's in recession (yet) - News Summed Up

Opinion: Catherine Rampell: The economy sure doesn't look like it's in recession (yet)


Let’s start with the good news — the job-market stats Democrats are likely to tout as we head closer to the midterms. There was much to like in the September jobs report released Friday, the second-to-last employment snapshot before Election Day. Despite the widespread perception that we’re already in recession, lots of jobs (263,000) were added once again, continuing the 21-month streak of pretty much gangbusters hiring. The pace of job growth has slowed — it had averaged 382,000 per month over the prior three months — but it’s still quite strong. Read the full opinion at The Washington Post.


Source: Washington Post October 12, 2022 12:10 UTC



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