Economists scaled back their pessimism on the employment outlook for this year following the surprise improvement in the May jobs report, but they continue to see only a gradual decline in the jobless rate in 2021 and beyond.

Read full article here: https://www.bloomberg.com/news/articles/2020-06-12/economists-still-expect-a-slow-decline-in-u-s-unemployment-rate?srnd=premium

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Rick Epple, CFP(r), CeFT (r)