Hot US jobs numbers cannot last much longer, economists warn

Economists warn the strongest period of job creation in recent history cannot be sustained for much longer, as the US central bank is increasingly emboldened to take drastic action to cool the economy and root out high inflation.

The world’s largest economy added another 372,000 jobs in June, outpacing economists’ expectations by more than 100,000 and underscoring the resilience of the US recovery from the depths of the coronavirus…