How quickly will America’s labour market recover? | The Economist

How quickly will America's labour market recover?

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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