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US economy rebounds post-pandemic, but income inequality and poverty persist.
The U.S. economy has been doing well in recent years, with no long-term negative effects from the pandemic. Both activity and employment are higher than before the pandemic. Incomes were hurt by inflation in 2022 but have since gone up. Lots of new jobs have been created since the end of 2020. However, not everyone has benefited equally, and poverty is still a problem, especially after pandemic support ended. The future looks good with steady growth and balanced risks.
