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NJ_Gal_5000232 karma

So far we've seen job losses concentrated among retail and lower-paid workers.

As we progress into the end of this year, are more corporate layoffs inevitable? What are economists modeling in unemployment for the different tiers of the labor market?

NJ_Gal_5000186 karma

Thank you for taking our questions.

There has been discussion about how long it may take the U.S. economy to recover.

Could you give some historical comparisons of how long it took GDP and employment to recover to pre-recession levels in past downturns? And how long do we think it may take this time?

Thank you!