On the other hand, overall employment growth has been much stronger than normal. To address it, the Federal Reserve is likely to drive the economy into a recession in 2023, crushing continued job growth. Why has employment growth remained so strong? And it’s likely that these represent structural changes to buying patterns that will keep demand high. Employment growth is likely to slow down from its historically high rates, but it will still remain solid in the coming months.

Source: CNN October 07, 2022 19:29 UTC