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Summer jobs are a perennial aspect of the American workforce. It’s a time when teenagers are filling out applications and, in many cases, earning wages of their own for the first time.

The stock market posted small losses last week despite a very strong showing by corporate America.

With all the attention given to inflation, stock prices, and job reports, it’s been easy to overlook the remarkable move in the bond market during the past few months.

It’s now projected that benefits will increase 6.1% in 2022, up from the 4.7% forecast just two months ago.

Overcoming a COVID-related economic growth scare, stocks moved higher amid a week of strong corporate earnings reports.