Getting back to the pre-pandemic economy – Marketplace

Getting back to the pre-pandemic economy – Marketplace

A brand new report from the Congressional Price range Workplace predicts gross home product may return to pre-pandemic ranges as early as mid-2021. However, as one knowledgeable places it, “GDP progress doesn’t translate into equal progress of earnings and employment.” And the labor market will take for much longer to get again to the low unemployment charges we had earlier than the pandemic. On as we speak’s present: Even when the numbers return to the place they had been earlier than COVID-19, the economic…