The US faces not a V-shaped recovery but a 'reverse tick shape' after shocking jobs data, analysts say

Business Insider

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· *The US economic recovery will likely resemble a "reverse tick" more than a "V," Rabobank analysts said on Monday.*
· *Their analysis followed surprising jobs data on Friday that showed US employers added 2.3 million jobs in May, reducing the unemployment rate to 13.3%.*
· *Economists had earlier predicted payrolls would...

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