‘The Covid-19 recession is over,’ says economist Zandi as May job losses not as bad as feared

[McFurd]

CNBC - 6/3/2020 - Jeff Cox - Finding good news in the loss of another 3 million jobs isn’t easy, but the steep drop in private payrolls for May could be a sign that the worst over. ADP reported Wednesday that companies shed another 2.76 million positions last month. Under normal circumstances, such a report would be considered catastrophic. But these aren’t normal times. Read more @ https://www.cnbc.com/2020/06/03/the-cov ... eared.html