3 Reasons We'll Be in a Recession Until 2021

3 Reasons We'll Be in a Recession Until 2021

Last week, the public received some mildly encouraging news on the unemployment front: The jobless rate fell to 10.2% in July, the lowest it's been since the pandemic began. In February 2020, the unemployment rate was just 3.5%. In March, it reached 4.4% -- already a jump, but a drop in the bucket compared to April, when unemployment peaked at 14.7%.