Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.Several economic indicators updated in recent weeks suggest the ongoing US recovery is deteriorating as COVID-19 cases spike and new stimulus remains absent.
Spiking COVID-19 cases throughout the country already set the stage for a dire winter. The US reported 163,975 new cases on Wednesday, according to, bringing the nation's total to roughly 11.4 million. Deaths and hospitalizations continue to trend higher. "This isn't the trajectory we want to see, and it underscores the fact that lockdowns kicking in across the country have a very real and negative effect on the labor market," Mike Loewengart, managing director of investment strategy at E-Trade, said.
The ratio of jobs-to-unemployed-Americans improved slightly but remains far from where it stood before the pandemic. About 2 workers competed for every open job in September, down from 2.1 the month prior. In all, the September JOLTS data point to much slower gains in the labor market despite being far from a full rebound.
Check it out! Do You Want To Create 3d Animated Logo Intro Video In $5 ? Contact Me : LogoAnimation MadeOnFiverr Top Logo Animation Best Logo Animation