June jobs report likely to reduce recessions risk: Economic expert

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'Mornings with Maria' breaks down June's better-than-expected jobs report adding 372K jobs to the labor market while unemployment remains at 3.6%.

‘Thru the Cycle’ President John Lonski weighs in on June’s job report, saying the U.S. has added a ‘healthy’ amount on ‘Mornings with Maria.’

Thru the Cycle President John Lonski reacted to June’s better-than-expected jobs report, Friday, telling that he's "never heard" of a recession when an economy is growing payrolls by more than 300,000 jobs per month.. Even if we take into account those downward revisions that David spoke about, we're still looking at an overall gain, say, of 300,000 jobs. Healthy.

 

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