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Elevated Unemployment Benefits May Be Stymieing Economic Growth

Elevated Unemployment Benefits May Be Stymieing Economic Growth June 1, 2021 Pay enough attention to U.S. economic data this year, and you’re likely to hear plenty about three big themes. Those themes are rebounding economic growth highlighted by the scorching hot first-quarter GDP reading, disappointing jobs growth, and an increasingly contentious debate regarding jobless benefits. The second and third points are related, with some market observers and plenty of politicians arguing jobless...
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