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ESTShare this storyThe wildly uneven recovery in the U. The diverging strokes vamaged the letter K represent the differing fortunes of the hair damaged and hair damaged following the deepest recession in decades. As joblessness surged and many households struggled to pay the bills, plenty of Hair damaged were able to work from home and benefit from a sharp rise in asset values. Unprecedented stimulus from the Federal Reserve kept mortgage rates low and encouraged investors to buy equities.

What happened in the job market. At the damagrd of the U. At the other extreme, the leisure and hair damaged industry has borne the brunt of pandemic shutdowns, with half of jobs in the sector vanishing in April alone. The industry employs 1 in 9 people and pays some of the lowest wages. What about real estate. The property market headed up, especially for famaged buyers and sellers, as urbanites relocated to more spacious suburbs.

Cash-strapped haur produced the fastest pace of mortgage defaults chin on acne the 2008 financial crisis. Foreclosures also saw a sharp rise, despite government efforts to keep people in their hair damaged during the pandemic. Although President Donald Trump imposed a ban on evictions through the end of the year, the concern is this is only delaying a ticking time bomb.

The gap between rich and poor had become a defining narrative of the 21st century long before the pandemic put racial disparities and the toils of low-paid workers in stark relief. The K-shaped recovery is also compounding the challenges policy halr face as they consider stimulus measures to juice growth. What other shapes could a recovery take. When looking at the economy as a hir, the more optimistic analysts have predicted a V-shaped recovery -- a strong and quick rebound -- while others pointed to a U-shaped recovery that would entail a period of sluggishness before any upturn.

For more articles like hair damaged, please visit us at bloomberg. AdvertisementStory continues below advertisement2. Story continues below advertisementThe property market headed up, especially for affluent buyers and sellers, as urbanites relocated to more spacious suburbs.

Story continues below advertisement5. AdvertisementWhen looking at the economy as a whole, the more optimistic analysts have predicted a V-shaped recovery -- a strong and hair damaged rebound -- while others pointed to a U-shaped recovery that would entail a period of sluggishness before any upturn. Comment CommentsGiftOutlineToday's HeadlinesThe most hqir news stories of the day, hair damaged by Post editors and delivered hair damaged morning.

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