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U.S. Economic Outlook | April/May, 2021

The past three months have unfolded in generally a positive fashion. The winter surge has ended, and rapid expansion of vaccination has occurred. As we expected the economic restart produced solid growth in Q1, which we expect to continue for the rest of 2021. But all is not sunshine, lollipops and rainbows, as evidenced by a weak April jobs number.

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The Jobs Smoother: 2021 employment coming into view

 

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