Will the United States Return to Record Employment?

Hundreds of people line up outside a Kentucky Career Center hoping to find assistance with their unemployment claim in Frankfort, Ky., on June 18, 2020. Bryan Woolston/Reuters

Commentary

U.S. jobless claims have picked up since the election and the second wave of the CCP virus has slowed the economic recovery. Uncertainty about tax increases and changes in labor laws, including an increase in the minimum wage, add to the fear of new lockdowns as employers see the devastating effect of these lockdowns on European employment.