“A blowout jobs report Friday suggests the labor market is thriving, bucking fears that a recession was ahead. And the port strike — feared to cause widespread economic damage — is over,” Axios reports.
“In less than 24 hours, two risks hanging over the economy look to be solved, at least for now. That paves the way for less economic turmoil with just weeks to go until the election, where economic sentiment is expected to sway voters.”
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