Day: November 18, 2020

Forecast For U.S. GDP Gets Downgrade, But Jobs Projections Improve

Staffing Industry Analysts- Novebmer 16, 2020 Economists downgraded their forecast for growth in US gross domestic product for the remainder of this year and the first nine months of 2021, according to the Philadelphia Federal Reserve’s Survey of Professional Forecasters for the fourth quarter. However, they don’t believe the US unemployment rate will be as high as forecast in their third-quarter report, and US payrolls

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