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Stimulus Update: If the Jobless Rate Is So Low, Why Do We Keep Hearing About Layoffs?

Stimulus Update: If the Jobless Rate Is So Low, Why Do We Keep Hearing About Layoffs?

The last time stimulus checks hit Americans' bank accounts, the labor market was struggling on the heels of the pandemic. At this point, it's been around two years since federal stimulus checks were issued. Given that the labor market is so strong, it's hard to make the case for stimulus aid.