- By Year in Review
2020 has been a tale of two economies. On Dec. 4, the stock markets hit all-time highs even as the government reported stagnant job growth and an unemployment rate of 6.7%. Investors continued to see stellar returns while millions lost their jobs and thousands of small businesses closed permanently. The pandemic moved most of America to a work-from-home schedule and hastened the migration to online shopping. The question now: Can President-elect Joe Biden keep the recovery going?