COVID Economy: Some Improvements, But a Long Way to Go (VIDE

COVID Economy: Some Improvements, But a Long Way to Go (VIDEO)


March 11, 2021
Spending has now far outpaced relief efforts after the Great Recession, but it's unclear if the hardest-hit Americans will recover any time soon.
SHOW TRANSCRIPT
The COVID-19 pandemic put millions of Americans through the wringer. We’ve seen improvements from our low points, but there’s still a long way to go. 
Here are some numbers: Unemployment currently sits at 6.2%. That’s less than half of the pandemic peak of 14.7%. But the latest monthly jobs report shows we’re still down 9.5 million jobs from pre-pandemic times. It also shows an additional 4.2 million people were “prevented” from looking for work due to the virus. 

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