Bank of America (BofA) analysts are warning of a collapsing U.S. labor market and a potential rise in unemployment next year.
They also recommended selling a stock market rally ahead of the likely surge in job losses.
The Bank of America logo is seen outside a branch in Washington, D.C., on July 9, 2019. Alastair Pike/AFP via Getty Images
Bryan Jung
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Bryan S. Jung is a native and resident of New York City with a background in politics and the legal industry. He graduated from Binghamton University.
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