The Paycheck Protection Program saved up to 3.2 million jobs during the coronavirus pandemic, study says

Business Insider

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· The Paycheck Protection Program increased US employment by 1.4 million to 3.2 million from its inception to the first week of June, Federal Reserve and MIT researchers said in a study.
· Loans made through the program also lifted employment at eligible small businesses by 2% to 4.5%, the preliminary study said.
· While PPP...

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