So did January’s blockbuster job gains sink stocks and spark recession fears? really?

1 min read

Only in today’s tumultuous economy do blockbuster jobs register greater difficulty.

January’s rosy 517,000 job gains and 3.4% unemployment rate, a 54-year low, were immediately distilled on Friday as bad news for the stock market and a development that raises the already high risk of a recession this year. The Dow Jones industrial average closed down 149 points.

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Jay M

Hi there, I'm Jay M, and I'm a journalist with a passion for uncovering the truth and sharing important stories with the world. I've spent years working for various publications, covering everything from politics and finance to social issues and human interest stories.