Some Jobs Are Coming Back, But Economy Will Need Years To Heal
Sales were stronger than expected when Macy's reopened its first stores in early May, after a nearly seven-week coronavirus shutdown. And it changes day by day, ” Jeff Gennette, Macy's chief executive, told investors this week on an earnings call. Employers are rehiring workers faster than economists anticipated, at least as of mid-June, when the latest Labor…
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