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The share of unemployed Americans on furlough, in fact, surged to 78.3%—up from 26.5% in March, according to the US Bureau of Labor Statistics. In a research note, a Bank of America economist noted that the high number of temporary layoffs is a “silver lining.” Keeping workers attached to their employers means potentially a faster road to recovery for the US economy, as workers won’t have go through the hassle of looking for a new job or training for a new skill.
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