Despite two strong months of job gains in May and June, the uptick in cases in the South and West prompted municipalities to tighten rules; caused consumers and businesses to slow down their efforts to return to pre-pandemic behavior; and slowed down job growth in July.
Read MoreFor the tens of millions of Americans who have lost their jobs, there is another frightening reality to absorb: amid a global health pandemic, they no longer have health insurance.
Read MoreGovernment emergency efforts worked and the economy saw significant progress in May and June. But with the virus spiking in wide swaths of the country in July, hopes have dimmed hopes for a more significant third quarter bounce.
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