THREAD: Americans’ outlook on the U.S. economy has improved in the past month, but it remains much worse than it was at the start of the year.
in May. Retail sales surged 17.7%, and 2.5 million jobs were added. The unemployment rate improved to 13.3%, a number that is still the second highest reading in records going back to 1948.
“It’s a struggle day by day for us to pay our bills, and I know others are going through the same thing,” she said. “I just have these moments where it makes me cry,” she said. “You don’t know this day from the next day what is going to happen.” A bipartisan group of economists proposed an additional $1 trillion to $2 trillion of aid to sustain any recovery, including targeted funds for state and local governments, subsidized loans for small businesses, more generous unemployment benefits and aid for low-wage workers.
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