Low and slow recoveryIt's why I described the post-Global Financial Crisis years as the barbecue recovery in the 2010s. It was low and slow -- just the way you're supposed to cook meat over charcoal. We've already started to see the job market comeback slow a bit in August -- and the labor market remains in a big hole. Until there is a successful coronavirus vaccine, companies may be forced to slow the pace of rehiring and even contemplate laying off staff. Making matters worse is that the White House and Democratic leaders still cannot come to an agreement on a new round of stimulus to help consumers and small businesses.

Source: CNN September 08, 2020 18:00 UTC