With a resurgence of the coronavirus threatening a nascent rebound of the U.S. economy, the White House and Congress are under increased pressure to come to terms on another round of stimulus.
Thursday’s Labor Department report, which showed a bigger than expected increase of 4.8 million jobs in June, didn’t lessen the sense of urgency for another round of stimulus in Washington. The report is a snapshot of economic conditions in the middle of the month, before business reopenings screeched to a halt amid rising virus cases around the country.
“Our work is not done,” Treasury Secretary
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