#world economy #Labour Market #labourer #unemployment #invoice #Consumer spending #Donald Trump #labour market #human resources #unemployment #recession
Publications: The Economist
Posted on: January 2, 2021
Long-term unemployment is high, but pent-up demand could help bring it down
ONE OF THE biggest questions facing the world economy in 2021 is how fast America's labour market will recover. Optimists point to the rapid decline in the unemployment rate after the first wave of the pandemic-from nearly 15% in April to 6.7% in November-as a reason for a speedy recovery.
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