Large Unemployment Levels, but for How Much Longer? | RFG Advisory Market Commentary
One of the key features of how the economy will recover is how many jobs were permanently lost due to this crisis verses the temporary losses. With new information, we see that a bulk of the jobs ‘lost’ throughout this crisis are temporary, which will mean the timeline for recovery might be quicker than what was once thought. In this update, CIO Rick Wedell dives in on new data on the consumer response to reopening efforts and why there is some positive news!
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