The reasons behind America’s new wave of lay-offs
Now the pandemic, next automation and simplification
ON OCTOBER 6TH Jerome Powell, the chairman of the Federal Reserve, made a plea for immediate extra stimulus, arguing that “too little support would lead to a weak recovery, creating unnecessary hardship for households and businesses”. Hours later President Donald Trump shocked USA Inc by declaring he wants no new stimulus until after the election in November (he later backtracked a bit). But do some company bosses see an opportunity in the prolonged pain of the pandemic?
This article appeared in the United States section of the print edition under the headline “A second wave”
United States October 10th 2020
- The virus has hit President Donald Trump and his re-election hopes
- Mike Pence v Kamala Harris ends in a normal sort of a draw
- At risk of losing Texas, Republicans scheme to limit Democratic votes
- A close race in Ohio is bad news for Donald Trump
- The number of new businesses in America is booming
- The reasons behind America’s new wave of lay-offs
- The battle in miniature
From the October 10th 2020 edition
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