U.S. economic outlook darkens, job recovery risks reversing-economists – ZAWYA

  • Date: 24-Jul-2020
  • Source: Zawya
  • Sector:Economy
  • Country:Middle East
  • Who else needs to know?

U.S. economic outlook darkens, job recovery risks reversing-economists – ZAWYA

u.s. economic outlook darkens, job recovery risks reversing-economists the july 13-22 poll showed the economy contracted 33.8% last quarter    guests wear face masks while visiting the disney springs shopping and dining complex at walt disney world during its phased reopening from coronavirus disease (covid-19) restrictions in lake buena vista, florida, u.s. july 11, 2020. image used for illustrative purpose.bengaluru  - the u.s. economic outlook has darkened in the past month amid renewed lockdowns in some states from surging coronavirus cases, according to economists in a reuters poll who warned of a high risk the job recovery underway reverses by year-end.u.s. coronavirus cases approached 4 million on thursday, with over 2,600 new cases every hour on average, the highest rate in the world, and some state governments have reimposed restrictions aimed at curbing the spread of the virus.  that has raised concerns about the sustainability of the recent rebound in hiring and other economic data, as the world's largest economy, which was propping up global growth before the pandemic, climbs out of a deep hole.  u.s. coronavirus cases approached 4 million on thursday, with over 2,600 new cases every hour on average, the highest rate in the world, and some