Kenan Institute Research Director Christian Lundblad navigated the cognitive dissonance provided by another strong jobs report when considered alongside more negative indicators during the institute’s latest economic briefing July 8. The virtual event took place at 9 a.m. after the release of the latest monthly employment numbers. Lundblad also answered questions from the audience, including limitations on the Federal Reserve in addressing core consumer price issues, the differences among regional labor markets, and the probability of an actual recession vs. a technical recession occurring this year.