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Labor Force Participation Over the Covid-19 Recession

Labor Force Participation Over the Covid-19 Recession

The Covid-19 recession saw U.S. unemployment rise to nearly 15% in the first quarter of 2020, accompanied by a 10% loss in real GDP. Although the unemployment rate has now fallen to just over 6%, compared with about 4% before the recession, it is still going to take some time for U.S. labor markets to […]