Category: Arora

Ortiz & Arora: The PPP Has Prevented Unemployment from Being Worse
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Ortiz & Arora: The PPP Has Prevented Unemployment from Being Worse

Today’s jobs report confirms what we already knew: The U.S. unemployment rate is at its highest rate since the Great Depression. While this job loss carnage is an American tragedy, it could have been twice as bad if it weren’t for the over 30 million jobs saved by the Paycheck Protection Program (PPP), the $670 billion small…

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