The July 2022 unemployment numbers were released this morning, and the numbers blew away all expectations. Analysts were predicting just 25,000 additional jobs created during the month. The reality? Over 525,000+ jobs were added to payroll in July. I'd call that a big win!
Now how these numbers affect the biggest economic question right now ("Are we or are we not in a recession??") is yet to be seen. But this is a great sign that one important ingredient (unemployment) is moving in the right direction (and at 50 year lows!).
What's the impact on the tech market specifically? Founder Tom Perry highlights the impact that these numbers are having on the tech sector, from hiring "vibe(s)" to hot segments within the tech industry. Check out the "3-Minute Market Update" to get the latest/greatest!
Thinking it's time to talk about YOUR Engaged Pursuit? Send Tom an email - tom@engagedpursuit.com
Engaged Pursuit: Career Management Consulting // Story | Strategy | Success