3min chapter

The Daily cover image

A Strange Moment for the U.S. Economy

The Daily

CHAPTER

What Does This Job's Report Tell Us About the Pandemic?

The unemployment rate is a bit over six per cent right now. That's down a lot from where it was last spring, but still higher than we'd associate with a strong economy. So what does this job's report tell us about which scenario we're actually in? The trick here is that these can be really difficult to tell apart, especially those last two scenarios.

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