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Sky News – COVID-19: Delta surge puts US economic recovery on ice as jobs growth slows

Summary:
Delta surge among the unvaccinated harming US recovery. "But economists say that the latest figures show that for as long as the virus is raging (more than 153,000 cases were reported on Thursday, according to Johns Hopkins University) the economy will never be back to full health."In a few weeks we'll get the geographic detail on the slowdown in jobs growth, and it'll be interesting to see how much more dramatic it is in the Delta-afflicted South."Sky News - COVID-19: Delta surge puts US economic recovery on ice as jobs growth slows

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Delta surge among the unvaccinated harming US recovery. 


"But economists say that the latest figures show that for as long as the virus is raging (more than 153,000 cases were reported on Thursday, according to Johns Hopkins University) the economy will never be back to full health.

"In a few weeks we'll get the geographic detail on the slowdown in jobs growth, and it'll be interesting to see how much more dramatic it is in the Delta-afflicted South."


Sky News - COVID-19: Delta surge puts US economic recovery on ice as jobs growth slows

Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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