CBS, Jobs report shows solid labor market: “Steady path toward soft landing”

Glassdoor Economic Research

Glassdoor Economic Research

Glassdoor Economic Research, Author at Glassdoor US | Aug 5, 2023

The latest jobs report is showing a strong labor market in the face of inflation-fighting interest rate hikes, with 187,000 jobs added in July. And the unemployment rate is approaching a 50-year low at 3.5%. Daniel Zhao, lead economist at Glassdoor, joined CBS News to discuss the new numbers. Watch here.

Glassdoor Economic Research

Glassdoor Economic Research

Glassdoor Economic Research provides the latest insights and research on today’s labor market. Our economists and data scientists unearth important trends in hiring, pay and the broader economy all based on Glassdoor’s unique data on jobs, salaries, benefits, company reviews and more.