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Van Horn, Carl; McCarthy, Mary Alice – New America, 2021
The Congressional Budget Office (CBO) recently projected record-breaking growth in 2021, but it is premature to celebrate this rosy macroeconomic picture. In the same document, the CBO also made an alarming prediction: The U.S. labor market will not fully recover until 2024. Recent U.S. jobs reports reveal the depth of the pandemic-created…
Descriptors: Economic Climate, Labor Market, COVID-19, Pandemics