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Across multiple industries nationwide, COVID-19 inflicted economic hardship and led to skyrocketing job losses. However, the latest employment data showed some good news — a decline in the unemployment rate and job gains in several sectors as the nation began to reopen. Residential construction is poised to help lead the economic recovery, with low interest rates and pent-up demand helping to put construction in a position to recover more quickly than some other sectors of the economy.
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