Unequal Jobs Recovery, Food Workers, Texas Loses Appeal: Eco Day

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Welcome to Thursday, Americas. Here’s the latest news and analysis from Bloomberg Economics to help you start the day:

  • At the start of the pandemic, American workers were thrown out of jobs by the millions. By the time it ends, they could be in their strongest position in decades
  • The U.S. government has spent billions of dollars to keep the economy afloat, but not all cities and groups have benefited
  • In the past decade, Texas attracted almost 4 million people and a cavalcade of employers thanks to low taxes, lax regulation and thriving cities. But a defiant attitude toward Covid restrictions, new limits on voting access and now the nation’s strictest abortion law could undermine its appeal for future moves
  • Across the world, a dearth of workers is shaking up food supply chains
  • Chilean lawmakers backed a proposal for a new round of early pension fund withdrawals in the first of several votes, advancing legislation that could inject $20 billion into an already red-hot economy
  • Conjured out of nothing and lived in by seemingly no one, China’s so-called ghost cities became the subject of Western media fascination a decade ago. Now that’s beginning to change
  • An influential liberal Chinese economist has warned against excessive government intervention and the erosion of the market economy in the nation’s pursuit of “common prosperity” and more income equality
  • The Bank for International Settlements will test the use of central bank digital currencies with Australia, Malaysia, Singapore and South Africa in an experiment that could lead to a more efficient global payments platform

More stories like this are available on bloomberg.com

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