By one measure, this recovery is 10 times faster than the one after the Great Recession—but there’s a catch
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The early months of the coronavirus pandemic saw the U.S. economy plunge at its fastest rate in history. Over a two-month period, the jobless rate shot up from 3.5% in February 2020 to 14.7% in April—its highest level since 1940—while second quarter GDP declined 32.9% on an annualized basis....