Business Rundown: Inflation, Jobs, and the Real Economy … Is It Really That Bad?

The latest jobs report delivered an unexpected shock to the labor market as the economy shed thousands of jobs in June–paired with significant downward revisions to previous months. Yet, despite cooling data and growing headlines, a major disconnect remains: are economic conditions actually as dire as public polling suggests, or are core fundamentals holding steady?
Executive Vice President at Prairie Operating Company and FOX Business Contributor Lou Basenese joins FBN’s Gerri Willis on The FOX Business Rundown to break down what these labor shifts mean for investors and wage growth, while exploring why voter perception often diverges from official data. Plus, a look at shifting workplace norms: how should you dress around the office today?