Daily chart The recovery of low-wage jobs in America from covi | The Economist Finances

Daily chart
The recovery of low-wage jobs in America from covid-19 has halted

BUSINESSES IN AMERICA were laid waste when covid-19 first swept across the country. A record 20m Americans filed for unemployment benefits in April, when the jobless rate hit a peak of 14.7%. And yet, even as the virus has persisted, the economy has begun to show signs of life. The latest figures, for October, put the unemployment rate at 6.9%.