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Thursday, June 25, 2020

US layoffs remain elevated as weak demand persists after businesses reopened


US layoffs remain elevated as weak demand persists after businesses reopened



Roughly 29 million people were collecting unemployment checks at the end of May

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Interest rates held at 5% but 'on the path down'

Economists are betting on rates being held in September with a cut to come in November instead. from BBC News https://ift.tt/OyPldkf