Jill Schlesinger on great jobs report

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Published Aug 8, 2022, 2:54 PM

Despite concerns about inflation and a possible recession, hiring is still very strong. According to the numbers released on Friday, 528,000 jobs were created in July. That more than doubled the estimate.
KRLD's John Liddle got reaction from CBS News business analyst Jill Schlesinger, who wrote on her blog that the hot job market all but ensures more rate hikes from the Fed.

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