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Hiring surged in July as U.S. unemployment rate fell to 5.4%

Hiring surged in July as U.S. unemployment rate fell to 5.4%
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Bankrate survey: Rates at zero until 2024, but coronavirus vaccine likely to 'supercharge' economy | Business

Bankrate survey: Rates at zero until 2024, but coronavirus vaccine likely to 'supercharge' economy | Business
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How to seize advantages during an economic downturn


How to seize advantages during an economic downturn
If you look at current economic downturn data and projections for too long, you’ll get depressed quickly.
McKinsey & Company is projecting it will take most business sectors more than five years to get back to their 2019 GDP levels. Bancography recently said “Banks and credit unions should understand and accept the disruption will not be temporary. There is no ‘light switch’ that will instantly restart the economy at the point where we entered the crisis.” And on a recent call with large credit unions Steve Rick, chief economist for CUNA Mutual, noted that a double-dip recession is a distinct possibility. ....

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