And What it Means for You - NCWorks

The COVID-19 economy The story thus far The economy bounced back after the COVID-19 recession •Government transfer payments + deferred spending →“pent-up demand” However, we have experienced an incomplete recovery •We still haven’t recovered all the employment we lost •Weak hiring →long-term unemployment •“K-shaped recovery”: many low-wage workers and African-American ... ................
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