Can The US Be In A Recession With Such Strong Job Growth? 

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Over 2.7 million people were hired in the first half of 2022 – a shockingly good number. Yet there seems to be a chorus of negative economic news recently. With each new data release, the reaction in response is another r-word:

Two quarters of negative real GDP growth – Recession! Inflation at a 40-year high while a war rages in Europe – Recession!The S&P 500 stock index down over 15% year-to-date – Recession! 

Yet the labor market is still incredibly strong – the star pupil in the economic classroom. Can the U.S. be in recession with such strong job growth? No, is the answer Fed

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