The economy added 1.8 million jobs in July, better than the 1.48 million expected, but the markets overlooked the positive data and focused instead on fiscal stimulus negotiations.
Many of the jobs were added in leisure and hospitality and retail, two areas that were hit hard by shutdowns, and there is concern they could lose ground again in partial shutdowns.
https://www.cnbc.com/2020/08/07/the...-gains-will-be-fleeting-without-stimulus.html
Many of the jobs were added in leisure and hospitality and retail, two areas that were hit hard by shutdowns, and there is concern they could lose ground again in partial shutdowns.
https://www.cnbc.com/2020/08/07/the...-gains-will-be-fleeting-without-stimulus.html