Although it may hurt us in the present moment, in order for us to experience constant and consistent job growth again, the economy is going to have to shut down again for the most part, or we may be stuck in this constant cycle of of jobs growth and loss.
Wednesday, August 5, 2020
America's jobs crisis could be about to get even worse
While the coronavirus cases continue to increase, the brief recovery of the american job market begins to flatten. Through June and July, about 6 million new jobs were predicted added, but the marks was missed entirely. Now, after the number of cases decreased briefly before taking a sharp rise again as more states began to open up their businesses and public spaces, and with federal funds for businesses (particularly the PPP) beginning to dry up, that job growth that we had briefly experienced has come to a near complete halt.
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