Groundwork’s Mike Mitchell Previews August Jobs Numbers

September 1, 2022

Groundwork’s Mike Mitchell Previews August Jobs Numbers

Ahead of tomorrow’s August Jobs Report, Groundwork’s Director of Policy and Research Mike Mitchell released the following statement:

“Our economy has experienced one of the fastest labor market recoveries ever – but all these historic gains could disappear if the Fed decides to ‘save’ the economy by throwing millions out of work. Bringing ‘pain to households and businesses’ doesn’t help build a healthy economy.

“Good-paying, quality jobs are at the base of an economy at its best – aggressive interest rate hikes erode that foundation.”

To speak to Mike Mitchell about what to expect in the August Jobs Report and the dangers of a Fed-manufactured recession, email press@groundworkcollaborative.org.