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Old 05-19-2020, 11:13 AM   #906
Opie
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Quote:
Originally Posted by Yoshoobaroo View Post
Let's assume for argument's sake that nothing was wrong with our economy (lol) before COVID, But COVID broke the rickety scaffolding supporting the economy. Not Wall Street, the real economy. A 20-25% unemployment rate will take years to recover from. Most employers that reduced their workforce will find that they can operate fine without hiring all those positions back. This will take YEARS to bounce back from.
We'll be under 10% unemployment again by the fall barring another huge uptick in cases.
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