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Caroline Baum: The economic rebound is impressive, but we’re still deep in the hole


It’s going to take many years of digging to get GDP back to its pre-pandemic level. The hits just keep on coming. First came the stunning 2.5 million increase in non-arm payrolls for May, a 10 million forecast miss by economists looking for a huge decline. May’s record increase followed April’s record decline of 20.7 million jobs. Then came

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Posted: June 18, 2020 Thursday 07:20 AM