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Is the Recession Over? – Daily Flash Briefing

September 23, 2020 by Bautis Financial
Is The Recession Over?

The short answer is: It depends on who you ask.

Is the recession over? It depends on who you ask. For the wealthy — who were less likely to lose their jobs in the first place — the pain of the recession is lessening substantially. But, for the millions of lower income people in the U.S., the recession is far from over.

Retail and service industries were hit the hardest, and have not bounced back. For the low income people who relied on those jobs, the future is uncertain and “normal” seems very far off. Listen for more.

Get instructions on how to enable our Flash News Briefing skill to your Amazon devices:

Bautis Financial’s Amazon Alexa Daily Flash News Briefing

Category: Finance NewsTag: Employment, Job Market, Recession, Unemployment
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Montclair, NJ 07042
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