The Covid Economy Carves Deep Divide Between Haves and Have-Nots - News Summed Up

The Covid Economy Carves Deep Divide Between Haves and Have-Nots


A two-track recovery is emerging from the country’s pandemic-driven economic contraction. Some workers, companies and regions show signs of coming out fine or even stronger. The rest are mired in a deep decline with an uncertain path ahead. Just months ago, economists were predicting a V-shaped recovery—a rapid rebound from a steep fall—or a U-shaped path—a prolonged downturn before healing began.


Source: Wall Street Journal October 05, 2020 15:12 UTC



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