Fewer Americans got jobs in July than expected. But a steady market suggests US may avoid recession
An employee works on a car on the assembly line at the BMW Spartanburg plant in Greer, S.C., Wednesday, October 19, 2022. 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/Sean Rayford, File)
By PAUL WISEMAN and RODRIQUE NGOWI
AP Economics Writer
WASHINGTO — 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...