Stocks are up, unemployment is down – so why is a leading NC economist raising a red flag?

By: Clayton Henkel

Outlets: North Carolina Newsline

Published: July 7, 2026

Words: 648

Last Updated: 6 days, 19 hours ago

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The Dow Jones Industrial Average topped 53,000 for the first time this week, a milestone celebrated by Wall Street investors. But a leading Kenan-Flagler Business School economist says a closer look at the latest economic data shows a clear disconnect in how many consumers are viewing and experiencing the American economy.

Kenan Institute research director Camelia Kuhnen said economists were “relatively optimistic” that jobs nationwide in June would increase by 125,000. Instead, only 57,000 jobs …

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