Wall Street

Hiring in Second Half Expected to be Strong

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The Street

By Ellen Chang Managers plan to continue hiring during the remainder of 2022 as the ‘Great Resignation’ left many positions open. The U.S. added 528,000 new jobs in July and the pace of employment during the second half of 2022 is expected to remain strong, economists and analysts said. The job growth in July “far surpassed” the second quarter average of just under 375,000 jobs added month to month, said Joel Berner, a senior economic research analyst at Realtor.com. “While rampant inflation and relative softness in the stock market over the calendar year have Americans concerned about their s…

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