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Jul 7, 2022

All eyes on the jobs report

A Federal Reserve official says the labor market is strong enough to handle additional interest rate hikes. But staffing agencies say demand appears to be cooling.

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SUNRISE, FLORIDA - JUNE 23: A 'Now Hiring' sign is seen on the CareStaff company table setup at the Mega Job Fair held at the FLA Live Arena on June 23, 2022 in Sunrise, Florida. The job fair had 8,000 jobs available from 100 different employers and expected approximately 3000 people to attend the fair.
SUNRISE, FLORIDA - JUNE 23: A 'Now Hiring' sign is seen on the CareStaff company table setup at the Mega Job Fair held at the FLA Live Arena on June 23, 2022 in Sunrise, Florida. The job fair had 8,000 jobs available from 100 different employers and expected approximately 3000 people to attend the fair.
Joe Raedle/Getty Images

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All eyes on the jobs report