Fewer Americans got jobs in July than expected. But a steady market suggests US may avoid recession
File - Driver Jose Viveros delivers beverages in the Little Tokyo district of Los Angeles, Thursday, July 27, 2023. On Friday, the U.S. government issues the July jobs report. The labor market has added jobs at a steady clip in the past year, despite efforts by the Federal Reserve to cool the economy. (AP Photo/Damian Dovarganes, File)
WASHINGTON (AP) — The job market has cooled over the summer. But it's still strong enough to defy predictions that higher interest rates would tip the United States into recession...
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