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Record economic plunge, bleak jobs numbers reveal virus toll

by AP Economics Writers
| July 30, 2020 9:03 AM

WASHINGTON (AP) — The coronavirus pandemic sent the U.S. economy plunging by a record-shattering 32.9% annual rate last quarter and is still inflicting damage across the country, squeezing already struggling businesses and forcing a wave of layoffs that shows no sign of abating.

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