Nearly 15 million Americans who lost their jobs in March and April haven’t been rehired, which is as many people out of work as during the worst of the Great Recession. The stock market has nearly returned to its all-time highs (and the tech-heavy Nasdaq index already hit a record). Below are 9 charts that illustrate what’s starting to recover and what isn’t in the U.S. economy. Pending home sales have nearly bounced back to their pre-pandemic levels, according to a widely watched tracker by the National Association of Realtors. Economists remain concerned that new applications for unemployment aid — even in July — remain above a million a week.
Source: Washington Post July 16, 2020 10:03 UTC