Paul Krugman: The meaning of an awesome employment report

The speed and extent of America’s recovery from the pandemic shock have been incredible.

(Gabriela Bhaskar | The New York Times)

A balloon in the air at a parade in New York, Aug. 21, 2021.

(Gabriela Bhaskar | The New York Times) A balloon in the air at a parade in New York, Aug. 21, 2021.

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By Paul Krugman | The New York Times